Certified courses
Implementing Beyond Budgeting Workshop

Business Agility in Practice

Implementing Beyond Budgeting Workshop

Business Agility in Practice

We can run this 1 day course at your location Virtual enquiry On-site enquiry On-site enquiry

Course Overview

An Agile business thrives from adaptive management methods and practices. This workshop will give you unique insights into Business Agility in practice, from a managerial, financial and human perspective. You will benefit from Bjarte Bogsnes’ extensive experience. He has helped companies all over the world getting started on a Beyond Budgeting journey, including his employer Equinor (formerly Statoil). This and many other great case stories will be shared.

Get the background, understand the 12 principles and the close relationship between Beyond Budgeting and Agile. Hear about companies from all over the world, which embarked on this journey, including the Statoil story – where the term “budget” (and much more) was dropped back in 2005.


Course Content

  • Challenges of traditional management (including budgeting and financial control) in the context of Business Agility
  • Introduction into Beyond Budgeting as an Adaptive Management Model
  • 12 Principles of Beyond Budgeting
  • Case Studies such as Borealis and Statoil (“Ambition to Action” Model)
  • New ways for Performance Management: Dynamic and Relative Targets. Holistic Performance Evaluation
  • Dynamic Forecasting & Capacity Evaluation without traditional budgets
  • OKRs Applied: New ways for KPIs, Targets and Bonus Payments.
  • The link between Beyond Budgeting and Agile. Implementation experience and advise.

Learning Objectives

Participants will understand, how to

  • Trust and empower without loosing control
  • Redefine performance management and evaluation.
  • They will learn about dynamic forecasting and capacity allocation, other examples of self-regulating management mechanisms, and they will draw from Bjarte’s deep insights on KPI pitfalls and bonus payment problems.

Audience

  • Finance Managers (e.g. CFOs, SVPs or Directors), Financial Experts
  • Line Managers in private or public sectors
  • Business Consultants, Change Managers, Process Consultants
  • Agile Coaches & Consultants

Pre-requisites

This workshop does not have any pre-requisites.

Course Preparation

This workshop does not require any pre-course preparation.

Certifying Bodies & Exams

This course does not include an examination or formal certification.

What You Receive

A one-day workshop and instruction from one of our highly experienced practitioners.

Course Address

We can train at a location of your choice.

Course Duration

Course duration - 1 day

Why train with Radtac?

Contact us for any questions

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