this course will be in English

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. 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) – where the budget (and much more) was kicked out 2005. This and many other great case stories and practical examples will be shared.

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 pitfalls and bonus problems.

Learn from the fringes! Understand how management innovation can provide just as much competitive advantage as technology and product innovation!

 

Outline

 Beyond Budgeting  – Business agility in practice

  • The problems with traditional management, including budgeting
  • Beyond Budgeting 
    • The background and philosophy
    • The 12 principles

Companies on the journey; examples of how they operate; Implementation advice;

Contents

  • The problems with traditional management, including budgeting

  • Beyond Budgeting  – the adaptive management model

    • the background

    • the philosophy

    • the 12 principles

  • Companies on the journey around the world; examples of how they operate

  • The Borealis story – going Beyond Budgeting before Beyond Budgeting

  • 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

  • The KPI pitfalls

  • The target problem

  • The bonus problem

  • Beyond Budgeting and Agile

  • Implementation experiences and advice

  • The Beyond Budgeting Roundtable

 

The training places great emphasis on storytelling and practical examples and presents that you will be able to use when getting started with your Beyond Budgeting initiative.

Target Audience

CFOs, Finance, HR, IT, Managers and others interested in how to enable great performance in organisations.

Level and Pre-requisites

The course level is intermediate to advanced. Some professional management experience is recommended. An understanding of the Agile principles is useful but not strictly necessary.

Your Course Leader

Bjarte Bogsnes has a long international career, both in Finance and HR. He is a pioneer in the Beyond Budgeting movement, and has been heading up the implementation of Beyond Budgeting at Equinor (formerly Statoil), Scandinavia’s largest company. He led a similar initiative in Borealis in the mid-nineties, one of the companies that inspired the Beyond Budgeting model.

Equinor realized that traditional leadership and management practices no longer work in today’s competence organizations operating in business environments more complex, dynamic and unpredictable than ever. The company implemented innovative alternatives to traditional management, like abolishing traditional budgets and calendar-based management in favour of more decentralized, agile and human processes.

Bjarte is Chairman of Beyond Budgeting Roundtable (BBRT).  He is a popular international business speaker and is the winner of a Harvard Business Review/McKinsey Management Innovation award. Bjarte is also author of “Implementing Beyond Budgeting – Unlocking the Performance Potential, where he writes about his almost twenty-five years long Beyond Budgeting journey. Equinor has opened up for Bjarte to undertake select consulting work.

If you want to see or are just curious ….. to see some of our videos with Bjarte during #ABD18, you can find them at the bottom of this page.

What did you include by purchasing the ticket

Your registration fee gives you:

  • One day of great and informative training with Bjarte
  • Course materials
  • 2 coffee breaks during the course day
  • The free ticket to visit the M9 Museum to be used on the same day as the workhop. The museum closes at 10pm

 

Your registration fee does not give you:

  • Lunch is excluded. There are some bars inside the structure and also nearby
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Location

M9 – Museo del ‘900
Via Giovanni Pascoli, 11, 30171 Venezia VE, Itali

Dates and Hours

Friday
September 17th, 2021

9:00 – 13:00 / 14:00 – 16:00

check-in starts at 8:30

Language

This course will be in in

English

Additional Information

Refund Policy

The ticket is individual and non-refundable, but it can be transferred to another person upon prompt notification to the organizers.

The class requires a minimum number of attendees to take place and to be effective to the participants. We will give prompt notification to those who registered as soon as we reach the minimum attendance.

The sooner you register to the class, the sooner we’ll be able to send out the confirmation to you and to the other attendees.

If we cannot reach the minimum number of attendees or if we are unable to run the class for any other reason, we reserve the right to cancel or reschedule the class.

In that case, we will notify the cancellation or rescheduling to those who registered with at least a 15 days notice on the scheduled class date.

In the event of a class cancellation or rescheduling, registered attendees will receive a 100% refund of the registration fee. No other indemnification is due for any other cost suffered by the attendee (including, for instance, travel and lodging expenses).

The book written by Bjarte

Implementing Beyond Budgeting: Unlocking the Performance Potential

If you want to buy the book from Amazon, click here

This course will be in in

English

Other question for us

For more information
– about accommodation (we can advise you)
– ticket payment by bank transfer, e not by paypal on owr ticket system
– intolerances that you want to report to us for the coffee break
– or for any other request…

please email us at info@essereagile.com

Workshop location

Videos

Bjarte Bogsnes he was one of our speakers in the #ABD18 conference, below you can find some videos we have during the event

TALK #ABD18 – (exposed in english)

Business Agility in Practice

An introduction to Beyond Budgeting – an agile management model for new business and people realities

 

Description

Learn more about the adaptive management model Beyond Budgeting, from background to philosophy to its 12 principles covering both leadership and management. You will also hear about companies all over the world who have embarked on this journey, including the Statoil story – kicking out the budget (and much more) already back in 2005. Understand how to trust and empower without losing control. Learn how to redefine performance – with dynamic and relative targets (or no targets at all) and a holistic performance evaluation. The session will also cover dynamic forecasting and resource allocation. Discover other examples of self-regulating management mechanisms, including transparency. Bjarte will also share insights into KPI pitfalls, the bonus ‘problem’, and the relationship between Beyond Budgeting and Agile.

INTERVIEW DURING #ABD18 – (in english)