Podcasts about beyond budgeting round table

We are continuing our conversation with Nevine White, Senior VP of Finance at Greater Technology Together and a member of the Beyond Budgeting Round Table. Nevine has spent nearly two decades guiding organizations through the shift from rigid annual budgets to adaptive, rolling financial frameworks that enable true business agility.In this episode, Nevine explains how she executed the shift to rolling forecasting. She details the initial varied reactions, the creation of a robust training program, and the integration of finance teams into regional operations for real-time decision-making. Nevine also elaborates on gamification strategies, overcoming executive resistance, and the importance of continuous learning and communication. Highlighting her experience of guiding executive leadership through this transition, she emphasizes the role of proactive coaching and effective upward management.00:00 Introduction to Agile Tales01:57 Transitioning from Traditional Budgeting to Agile Financial Planning02:24 Implementing Rolling Forecasting: The First Steps03:14 Training and Engaging the Organization06:27 Challenges and Emotional Impact08:14 Burning Platform Conversations11:19 Embedding Finance in the Regions14:38 Building a Collaborative Learning Environment19:00 Executive Leadership Buy-In and Coaching26:13 Conclusion and Final ThoughtsNevine's insights highlight that there's no one-size-fits-all playbook for financial agility. Instead, transformation requires experimentation, iteration, and courage to question the sacred cows of yearly budgets. Her experiences demonstrate how finance - often seen as the last function to change - can become a catalyst for business agility, resilience, and innovation.About Nevine White:Beginning her 35-year career in telecom engineering, Nevine moved on to leading the FP&A function for TW Telecom for two decades. There she championed powerful changes in financial planning that enabled an agile and effective management structure by eliminating traditional budgets. After the sale of the company, Nevine continued this work with Live Future Ready, leveraging her experience to support organizations in their financial transformation efforts across various industries. In 2019, Nevine joined Hargray Communications Group as the VP Accounting, before taking on building the Finance and Administrative functions for a broadband start-up. She is currently the Senior Vice President of Finance at Greater Technology Together, a leading network and security as a service firm. Recognized for her experience in finance agility and building effective teams, she has been featured at conferences and on podcasts, and enjoys sharing her learnings and experiences with all who are seeking to meaningfully change and enable their teams. You can follow Nevine on LinkedIn at https://www.linkedin.com/in/nevinewhite/Podcast music courtesy of www.purple-planet.comVisit us at https://www.ouragiletales.com/about

We're kicking off Season 11 of Our Agile Tales with an eye-opening conversation with Nevine White, Senior VP of Finance at Greater Technology Together and a member of the Beyond Budgeting Round Table. Nevine has spent nearly two decades guiding organizations through the shift from rigid annual budgets to adaptive, rolling financial frameworks that enable true business agility.In this episode, Nevine shares how her journey began in the telecom industry when a bold CFO literally tossed out the company's annual budget, sparking a search for a better way. That search led to adopting rolling forecasts and experimenting quarter by quarter - breaking and remaking processes along the way - to create a more nimble, data-driven, and responsive organization.In this first episode you will hear Nevine's candid stories about the messiness of transformation:What it felt like to see six months of budget work thrown in the trash.Why annual budgets—rooted in 1920s manufacturing—no longer fit today's fast-paced business environment.How rolling forecasts differ from “mini-budgets” and why many companies get them wrong.The cultural and change management challenges that arise when finance stops dictating numbers and starts empowering managers to decide in real time.How aligning finance with agile IT practices unlocked a “spiral of goodness” across the organization.Nevine's insights highlight that there's no one-size-fits-all playbook for financial agility. Instead, transformation requires experimentation, iteration, and courage to question the sacred cows of yearly budgets. Her experiences demonstrate how finance - often seen as the last function to change - can become a catalyst for business agility, resilience, and innovation.About Nevine White:Beginning her 35-year career in telecom engineering, Nevine moved on to leading the FP&A function for TW Telecom for two decades. There she championed powerful changes in financial planning that enabled an agile and effective management structure by eliminating traditional budgets. After the sale of the company, Nevine continued this work with Live Future Ready, leveraging her experience to support organizations in their financial transformation efforts across various industries. In 2019, Nevine joined Hargray Communications Group as the VP Accounting, before taking on building the Finance and Administrative functions for a broadband start-up. She is currently the Senior Vice President of Finance at Greater Technology Together, a leading network and security as a service firm. Recognized for her experience in finance agility and building effective teams, she has been featured at conferences and on podcasts, and enjoys sharing her learnings and experiences with all who are seeking to meaningfully change and enable their teams. You can follow Nevine on LinkedIn at https://www.linkedin.com/in/nevinewhite/Podcast music courtesy of www.purple-planet.comVisit us at https://www.ouragiletales.com/about

Beyond Budgeting Round Table offers companies exploring how to transform their company governance a place where they can find engaging workplaces, individual autonomy and peer-to-peer support. Franz Röösli explains the background of the Beyond Budgeting Round Table, a practitioner and science community that has developed the Beyond Budgeting approach in the last twenty years as a pioneering agile mindset and a framework for action. With host Dawna Jones they also talk about the need for mature leaders who are conscious enough (age is irrelevant), to inspire their organizations for a transformative journey into a future to stay viable and relevant. In that part they also include the finance sector a bit more specifically.Prof. Franz Röösli, Ph.D. is head of the Center for Enterprise Development at the ZHAW School of Management and Law. He researches, teaches and advises companies in the fields of organizational design, leadership and strategy.At the same time, he is a member of the core team of the Beyond Budgeting Round Table (www.bbrt.org), an international practitioner and research community that deals with questions of future-oriented leadership and organization and has developed the Beyond Budgeting leadership and organizational approach.Before joining university, Franz Röösli worked for many years in management positions in SMEs and large companies. See https://www.zhaw.ch/storage/sml/institute-zentren/zue/upload/Beyond_Budgeting_as_a_mindset_and_a_framework_for_action.pdf for more information.Host Dawna Jones specializes in releasing imperceptible blocks to company transformation while advancing leaders decision making skills and mindset to lead transformation successfully.Intro music is graciously provided by Mark Romero Music. See acast.com/privacy for privacy and opt-out information.

“Everybody knows going into the budget process that people make up the numbers because they know they’re going to get cut, they’re going to get manipulated, they’re negotiating for their bonuses, so it’s already a bad document to begin with,” says Nevine White. White and Mike De Luca from Beyond Budgeting Round Table of North America sat down with us for a deep dive into Beyond Budgeting, including a definition of what it is and some history. They also walk us through two real-world examples of implementing it. De Luca says Beyond Budgeting requires a different philosophy around leadership: it needs to be very decentralized and is intended to drive decision making to the lowest appropriate level. He points out that the process of implementing Beyond Budgeting doesn’t really end since learning organizations must continue to refine and adapt. However, a lot of the heavy lifting can take anywhere from 6-18 months. Listen to find out what that entails, how to get started, how to measure and successfully transform financial planning in your organization. Leslie Morse hosts in NYC at Business Agility 2018. This episode of Agile Amped is part of a series in partnership with the Business Agility Institute. businessagility.institute/ Podcast library: www.agileamped.com Connect with us on social media: Twitter: twitter.com/AgileAmpedFacebook: www.facebook.com/agileamped Instagram: www.instagram.com/agileamped/  

Robin Anne Fitzgerald is from Newfoundland, Canada and she has been working in Norway for years for Eidsiva Energi AS, one of 270 companies serving Norway’s energy needs. Inspired by the Beyond Budgeting Round Table discussions she led her company to get rid of the budgeting process. The way she handled the process offers lessons for anyone responsible for implementing what appears to be a radical decision. Debunking the myth that change is hard, long and difficult we talk about why the way she designed the process worked to give more confidence and greater value to the Board.We talk about:The four reasons why budgeting was working against company profitability.What they use instead of budgets to monitor performance.What shift in focus results from removing budgetingHow she pitched the idea to the board then implemented the decision without creating resistanceTips for companies thinking about doing things differently but having trouble getting started.Dawna Jones, host of the Insight to Action podcast, is business change innovator specializing in the deep dynamics of transformation at a human and organizational level. Deep skills for leading and decision making in complexity equip business leaders with the awareness to stay effective and balanced while handling uncertainty. She blogs monthly for the Huff Post Great Workplace Cultures; wrote Decision Making for Dummies and contributed a chapter on the new purpose of business to Ervin Laszlo’s The Intelligence of the Cosmos. You can find Dawna on Twitter EPDawna_Jones and on LinkedIn.Intro music is provided by MarkRomeroMusic.com. Mark’s music is scientifically proven to restore coherence to the human body. (You feel better!) See acast.com/privacy for privacy and opt-out information.

Steve Player, CPA, CGMA, the programme director for the Beyond Budgeting Round Table in North America, offers tips on how companies and finance professionals can spend less time looking to the past and more time planning for the future using rolling forecasts.

Looking for a crystal ball to help you predict what 2014 may bring for your business, your industry, your marketplace? We've got the next best thing – dozens of expert insights into the technologies, strategies, and trends that can help you grow and compete better this year and beyond. These thought leaders will appear on SAP Game-Changers Radio 2014 Predictions – Part 3 LIVE: Todd Wilms, SAP; Michael Denis, Flatirons Solutions; Neal Schact, CommuniTech; Nicolette Van Exel, SAP; Kathy-Ann Hutson, IBM; Padman Ramankutty, Intrigo; Steve Hilton, MachNation; Bill Newman, Newport Consulting; China Gorman, Great Place to Work; Steve Player, Beyond Budgeting Round Table; Jorge Garcia, TEC; Dennis Goodhart, IP Network Consulting; Marcus Baur, Sailing Team Germany; Eric Siegel, Predictive Analytics World; Tim Minahan, SAP. To hear the first two parts of our 2014 Predictions special, visist: http://bit.ly/Predictions2014A and http://bit.ly/Predictions2014B. Wishing you a positively game-changing New Year!

Looking for a crystal ball to help you predict what 2014 may bring for your business, your industry, your marketplace? We've got the next best thing – dozens of expert insights into the technologies, strategies, and trends that can help you grow and compete better this year and beyond. These thought leaders will appear on SAP Game-Changers Radio 2014 Predictions – Part 3 LIVE: Todd Wilms, SAP; Michael Denis, Flatirons Solutions; Neal Schact, CommuniTech; Nicolette Van Exel, SAP; Kathy-Ann Hutson, IBM; Padman Ramankutty, Intrigo; Steve Hilton, MachNation; Bill Newman, Newport Consulting; China Gorman, Great Place to Work; Steve Player, Beyond Budgeting Round Table; Jorge Garcia, TEC; Dennis Goodhart, IP Network Consulting; Marcus Baur, Sailing Team Germany; Eric Siegel, Predictive Analytics World; Tim Minahan, SAP. To hear the first two parts of our 2014 Predictions special, visist: http://bit.ly/Predictions2014A and http://bit.ly/Predictions2014B. Wishing you a positively game-changing New Year!