Beyond Budgeting: How Managers Can Break Free from the Annual Performance Trap

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Beyond Budgeting: How Managers Can Break Free from the Annual Performance Trap image
ISBN-10:

1578518660

ISBN-13:

9781578518661

Released: Apr 11, 2003
Format: Hardcover, 336 pages
Related ISBN: 9783791021447

Description:

The traditional annual budgeting process--characterized by fixed targets and performance incentives--is time consuming, overcentralized, and outdated. Worse, it often causes dysfunctional and unethical managerial behavior. Based on an intensive, international study into pioneering companies, Beyond Budgeting offers an alternative, coherent management model that overcomes the limitations of traditional budgeting. Focused around achieving sustained improvement relative to competitors, it provides a guiding framework for managing in the twenty-first century.

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