The Twin Visions of “Beyond Budgeting”
THE FINANCE VISION
Financial case - A lighter process,
releasing more time for strategic support.
Strategic case - A more adaptive
process creating value continuously.
Cultural case – Reduced gaming and
behaviour more consistent with goals.
Opening the way to …
THE LEADERSHIP VISION
People - Personal responsibility culture
with more capable and committed people.
Customers - More innovative, lower
costs and greater responsiveness.
Shareholders – Sustainable competitive
success and more ethical behaviour.
Traditional organizations with budgets
Adaptive processes improve budgets
Adaptive & devolved organizations
Degree that organization is adaptive & devolved