FPA Tags

November 8, 2019

Budgeting no longer helps organisations to perform better. On the contrary. It prevents organisations from performing to their full potential, because given...

November 5, 2019

By Kedar Kale, FP&A Manager at Godrej Consumer Products Limited

The idea of a budget is so core to financial wisdom that it’s one of the first lessons we learnt from our parents for keeping our finances (and lives) on track. Annual...

April 18, 2019

By Bjarte Bogsnes, Senior Advisor Performance Framework at Equinor (formerly Statoil), and Chairman Beyond Budgeting Roundtable

Although Beyond Budgeting is about so much more than just budgets, our name tends to draw people, at least initially, towards the budget word. Once there, cost management often...

December 11, 2018

By Thorsteinn Siglaugsson, Consultant / Corporate trainer / Manager

Spreadsheets are a great tool to build and maintain ad-hoc calculations, quickly draft a business plan and create good-looking reports. But when it comes to planning and...

November 27, 2018

By Karl Kern, Accountant / Lecturer / Writer

Financial Planning is a process of thinking. One of the end results from this process is a product called a budget. A budget is a product that expresses thoughts. As a product...

September 27, 2018

By Thorsteinn Siglaugsson, Consultant / Corporate trainer / Manager

Traditional budgeting has for a long time been criticized for encouraging counterproductive behaviour, hindering growth and wasting time on useless exercises...

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