Over the twenty years that I have worked with Beyond Budgeting, I have asked tens of thousands of managers and Finance people all over the world about how satisfied they are with the budgeting process.
Author's Articles
Welcome to this blog series, where I look forward to share with you some of my reflections on what I believe are very important issues for most organisations today.
Many will still argue that target setting works. “What gets measured gets done”. Yes, targets do work. That is actually the problem. Managers hitting their target is, however, no guarantee whatsoever that this was their best possible performance, given the circumstances.
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Bjarte Bogsnes has a long international career, both in Finance and HR. He is Chairman of Beyond Budgeting Roundtable (BBRT). He is a popular international business speaker and is the winner of a Harvard Business Review/McKinsey Management Innovation award. Bjarte is also author of "Implementing Beyond Budgeting - Unlocking the Performance Potential", where he writes about his twenty years long Beyond Budgeting journey. Statoil has opened up for Bjarte to undertake select external consulting work.