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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!