Anders Olesen is the Director of the Beyond Budgeting Institute, and in this full-length video, he talks about the 12 Beyond Budgeting principles and the benefits scrapping the annual budget has to your organisation.
Bjarte Bogsnes has worked in finance and HR at Norwegian energy company Statoil (now called Equinor) for over 35 years. In his talk at the 2017 Beyond Budgeting Conference, Bjarte—who's also the Chairman at the Beyond Budgeting Institute—explains how it’s possible to hang onto the flexibility of a small organisation without losing the benefits of being big.
In this talk from the 2014 Beyond Budgeting Conference, Bjarte Bogsnes uses engaging analogies to challenge the two main assumptions behind traditional management, that the future is predictable and that people can't be trusted, and to explain the principles of Beyond Budgeting. He summarises Statoil’s Beyond Budgeting journey, outlines some of the problems faced in implementing their ‘Ambition to Action’ strategy and answers questions from the floor.
Last month, I asked in my newsletter and on LinkedIn for your favourite business reads of 2017. Here is a selection from the responses I received.
John Seddon is an occupational psychologist, researcher, professor, management thinker and global authority on change, specialising in the service industry. He is the managing director of Vanguard, a consultancy company he formed in 1985.
In this two minute video, Anders Olesen (Director of the Beyond Budgeting Institute) talks about the paradox between management innovation and technological innovation.
In this two minute video, Bjarte Bogsnes (Chairman at the Beyond Budgeting Institute) talks about evergreen targets at Statoil, and why you should deploy them in your own business.
The fifth annual Happy Workplaces Conference took place in London on June 14, 2017. The conference looked at how engaged workplaces are more profitable and incur lower costs, as well as the tendency for happy workplaces to have higher staff retention, offer more flexibility and be more productive. Here are 10 essential takeaways from the conference.
In this 2-minute video, Mira Gvozdenovic (formerly of Coloplast) explains the issues with the traditional yearly budgeting model – and why Coloplast changed to a high-level rolling forecast instead.
In this two-minute video, John Seddon (Managing Director Vanguard Consulting) explains about failure demand - and why managers shouldn't focus on managing costs.
In this two-minute video, Henry Stewart explains the financial evidence and academic research behind happy workplaces. The Best Workplaces have a Four Factor Alpha of 3.5% on the stock market, compared to ordinary workplaces. Plus, happy workplaces save lives – for every 96 deaths in a happy and engaged hospital, 103 people die in a hospital where staff are disengaged and unhappy.
In June, Happy hosted our annual 2017 Happy Workplaces CEO Conference in London. Here are the top 10 take-aways from the attendees on the day.
Held at the National Audit Office in February 2017, the one-day Creating Happy Workplaces in the Public Sector Conference focused on change within the public sector and looked at how to create a culture of trust and happiness. Here are ten essential takeaways from the event.
At the 2017 Beyond Budgeting Conference, Mira Gvozdenovic talked about how Beyond Budgeting was implemented at Coloplast, and how this created impressive results across the business.
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