Beyond Budgeting – Business Agility in practice with Bjarte Bogsnes

7 september, 2023

Digital innovation, agil transformation och digital transformation.

This workshop will address how an entire organization can be run in an agile way, where people and interactions are more valued than processes and tools, and where responding to change is more important than following a plan. You will get unique insights into Business Agility in practice, both from a managerial, financial and human perspective.

Topics during the workshop

Learn how to trust and empower without losing control, and how to redefine performance – with dynamic and relative targets (or no targets at all) and a holistic performance evaluation. Understand how dynamic forecasting and resource allocation works, and also other examples of self-regulating management mechanisms, including transparency. Bjarte will also share insights into KPI and OKR pitfalls, and bonus problems. And last but not least, understand why there can be no true agile transformation without Beyond Budgeting. This includes:

  • The problems with traditional management, including budgeting
  • Beyond Budgeting – the adaptive management model
  • Companies on the journey around the world; examples of how they operate
  • The Equinor (formerly Statoil) l story – the ”Ambition to Action” model;
      • redefining performance – dynamic and relative targets and a holistic performance evaluation
      • dynamic forecasting and resource allocation and no traditional budgets
      • from calendar-driven to event-driven
      • examples of self-regulating management mechanisms
  • KPI and OKR pitfalls
  • The bonus problem
  • Beyond Budgeting and agile transformation

About Bjarte Bogsnes

Bjarte Bogsnes has a long international career, both in Finance and HR. He is a pioneer in the Beyond Budgeting movement and helped numerous companies globally getting started on a Beyond Budgeting journey. He is Chairman of Beyond Budgeting Roundtable (BBRT), and he is a popular international business speaker and Beyond Budgeting coach, and a winner of a Harvard Business Review/McKinsey Management Innovation award.

Bjarte is the author of ”Implementing Beyond Budgeting – Unlocking the Performance Potential”, where he writes about his almost thirty years long Beyond Budgeting journey.  His new book “This is Beyond Budgeting – A Guide to more Adaptive and Human Organizations” with a foreword by Gary Hamel just came out.