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And many of those that have heard of it find the Beyond Budgeting ideas difficult to grasp because they have been conditioned by experience to think in a very narrow way about the process of management.
This book fills in these gaps in awareness and understanding by answering the question ‘what is Beyond Budgeting?’ in a clear and succinct way to help you make informed choices about the way that you run your business, as an alternative to blindly copying your predecessors.
Amongst the things you will discover are:
How the financial operating model used to organise and run the affairs of an enterprise impacts many aspects of corporate life, not just the level of business performance
The universal law of complexity that explains why traditional budgeting will always fail to deliver what it promises: predictable performance.
How the Beyond Budgeting process model is better equipped to deal with the complexity of modern organisational life and the uncertainty of the world
Why and how an organisation has to be designed to complement the processes used to plan and control its activities.
How to bring about change
The goal is to help build healthier, more adaptive organisations, better able to meet the challenges and exploit the opportunities thrown up by the modern world.
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Steve Morlidge has 30 years of practical experience in designing and running performance management systems in Unilever, including three years as the lead of a global change project. He is a former chairman of the European Beyond Budgeting Round Table and now works as a management thinker, writer and speaker, drawing on his years of experience at the leading edge of performance management thought and practice.
Steve Morlidge published Future Ready: How to Master Business Forecasting, John Wiley, 2010, ‘The Little Book of Beyond Budgeting’and ‘The Little Book of Operational Forecasting’ through Matador in 2017 and 2018 respectively. His latest book ‘Present Sense: A practical guide to the science of measuring performance and the art of communicating it, with the brain in mind’ was published in November 2019.
He is on the editorial board of Foresight, a forecasting practitioner’s journal published by the International Institute of Forecasting to which he regularly contributes. He is also a cofounder of CatchBull, a supplier of forecasting performance management software and sits on the non-executive Board of the Beyond Budgeting Institute.
Steve Morlidge is a visiting fellow at Cranfield University, Bedfordshire, UK and has a PhD from Hull Business School in Yorkshire, UK focusing on the application of systems concepts to the design of complex organizations. He completed his BA with honors, and he is a qualified management accountant (CIMA).
