000			02330nam a2200301Ia 4500
001			55
008			230305s2003 xx 000 0 und d
020			_a9781578518661
040			_cTBS
041			_aeng
043			_aen_UK
245		0	_aBeyond budgeting
260			_bHarvard Business School Press, _c2003
300			_axxii + 232 p. ; 24 cm
490			_aFinance
490			_aAccounting
500			_ahow managers can break free from the annual performance trap
520			_aThe annual budgeting process is a trap. Pressured by fixed targets and performance incentives, managers focus on making the numbers instead of making a difference, meeting set goals instead of maximizing potential. With their compensation at stake, managers often resort to deceitful-even unethical-behavior. In the end, everybody loses-the employee, the company, and ultimately the customer. Now, finance experts Jeremy Hope and Robin Fraser reveal the results of an intensive study aimed at fixing the broken budgeting process. They argue that companies must abandon traditional budgeting contracts in favor of a radical new model that links performance measurement to evolving competitive benchmarks-and shifts the firm's focus from controlling employee behavior to delivering customer value. The Beyond Budgeting model is built on the best practices of companies that have successfully revised their centralized planning and budgeting processes. It combines a leadership vision that devolves more authority to operating managers and a finance vision that enables fast decision making through appropriate tools and accessible information. Through vivid examples, Hope and Fraser illustrate how companies can implement these shared visions-and the long-term benefits that accrue from embracing them. Offering a compelling case for breaking free from the budgeting trap, this book paves the way toward making organizations better places to work for, invest in, and do business with.
630			_aHD INDUSTRIES. LAND USE. LABOR _937
650		0	_aManagement _9319
700			_aFraser, Robin _eAuthor _9320
700			_aHope, Jeremy _eAuthor _9321
856			_uhttp://books.google.es/books?id=RVaEUSiDpbsC&printsec=frontcover&dq=BEYOND+BUDGETING#v=onepage&q=&f=false
902			_a415
905			_am
942			_a1 _2ddc
999			_c54 _d54