A Deep Dive into Beyond Budgeting - an agile management model for new business and people realities.
In this workshop, you will get unique insights into Business Agility in practice. You will benefit from Bjarte Bogsnes’s extensive implementation experience, starting in the mid-nineties, before Agile was born.
Over one day, you will learn about all aspects of the adaptive management model Beyond Budgeting, from background to philosophy to its 12 principles covering leadership and management, and the close relationship between Beyond Budgeting and Agile. You will also hear about companies all over the world who have embarked on this journey, including the Statoil story – where the budget (and much more) was kicked out back in 2005.
Attendees will understand how to trust and empower without losing control, and learn how to redefine performance – with dynamic and relative targets (or no targets at all) and a holistic performance evaluation. The workshop will also cover dynamic forecasting and resource allocation, as well as other examples of self-regulating management mechanisms, including transparency. Bjarte will also share insights into KPI pitfalls and the bonus problem.
The problems with traditional management, including budgeting
Beyond Budgeting - the adaptive management model
The 12 principles
Companies on the journey around the world; examples of how they operate
The Borealis story – going Beyond Budgeting before Beyond Budgeting
The Statoil story - the "Ambition to Action" model;
Redefining performance - dynamic and relative targets and a holistic performance evaluation
Dynamic forecasting and resource allocation and no traditional budgets
From calendar-driven to event-driven
Examples of self-regulating management mechanisms
The KPI pitfalls
The target problem
The bonus problem
Beyond Budgeting and Agile
Implementation experiences and advice
The Beyond Budgeting Roundtable
MEET YOUR COACH
Bjarte Bogsnes has a long international career, both in Finance and HR. He is currently heading up the implementation of Beyond Budgeting at Statoil, Scandinavia’s largest company. Bjarte 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.
Date & Time
Thursday, September 6, 2018
8.30am to 5pm
All Day Training
Regular price: 1200.- CHF
Early Bird & SwissICT Members: 960.- CHF
Prices exkl. VAT, Early Bird until July 20
Zentrum Karl der Grosse, Kirchgasse 14, Zürich
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We offer Corporate Trainings, too.