09 September, 2021
5:30 pm - 6:30 pm BST
Join this webinar to hear Bjarte Bogsnes, Chairman Beyond Budgeting Roundtable, to better understand the problems with traditional management and how the Beyond Budgeting model offers a new and better way of leading and managing in today’s business and people realities.
Bjarte will share the background and philosophy of Beyond Budgeting. Despite the name, the model is about much more than budgeting alternatives. Beyond Budgeting is based on 12 principles. The six leadership principles include Purpose, Autonomy and Transparency.
The six management process principles addresses: -Rhythm -Target setting -Forecasting, -Resource allocation -Performance evaluation -Rewards.
Bjarte will explain the model and share cases and practical implementation examples and advice. He will also present Ambiton to Action, the Beyond Budgeting model of Equinor (formerly Statoil)
This event will benefit: Executives, Managers, Finance and HR professionals, Agile coaches
Bjarte Bogsnes has a long international career, both in Finance and HR. He is a pioneer in the Beyond Budgeting movement and was heading up the implementation of Beyond Budgeting at Equinor (formerly Statoil), Scandinavia’s largest company. He led a similar initiative in Borealis in the mid-nineties, one of the companies that inspired the Beyond Budgeting model.
Equinor realized that traditional leadership and management practices no longer work in today’s competence organisations operating in business environments more complex, dynamic and unpredictable than ever. The company implemented innovative alternatives to traditional management, like abolishing traditional budgets and calendar-based management in favour of more decentralized, agile and human processes.
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 almost twenty-five years long Beyond Budgeting journey. Bjarte has helped a number of organisations worldwide going Beyond Budgeting and is available for select consulting work.