Cover of Jeremy Hope, Robin Fraser: Beyond Budgeting

Jeremy Hope, Robin Fraser Beyond Budgeting

How Managers Can Break Free from the Annual Performance Trap

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Book information

Harvard Business School Press

USA

2003

Hardcover

256

Heavy

315720

978-1-57851-866-1

1-57851-866-0

Management.

Annotation

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budgeting process--characterized by fixed targets and performance incentives--is time consuming, overcentralized, and outdated.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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