Beyond Budgeting: 25 Years of Management Innovation Episode #3 Titelbild

Beyond Budgeting: 25 Years of Management Innovation Episode #3

Beyond Budgeting: 25 Years of Management Innovation Episode #3

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Welcome back to Our Agile Tales, where we continue our conversation with Bjarte Bogsnes to go over case studies from his latest book, This Is Beyond Budgeting. His new book distills nearly three decades of real-world experience challenging traditional budgeting, targets, and control-based management.

In this episode of 'Our Agile Tales,' we welcome back Bjarte Bogsnes, Chairman of Beyond Budgeting Round Table, to explore the principles and practices of Beyond Budgeting. Bogsnes shares his extensive experience and insights on how Beyond Budgeting can drive performance by empowering employees and promoting coherence across management processes. The conversation delves into Handelsbanken's unique approach to employee bonuses, performance reviews, promotions, and training, highlighting the bank's emphasis on long-term employee development and consistent management philosophies. This episode offers valuable lessons for companies looking to create more adaptive and human organizations.

Key topics and approximate timestamps

  • 00:00 Introduction to Our Agile Tales
  • 01:20 Beyond Budgeting and Performance Reviews
  • 01:54 The Common Bonus Scheme
  • 03:29 Coherence in Management Processes
  • 05:46 Handling Non-Performance
  • 07:48 KPIs and Performance Enabling
  • 09:59 Sales Commissions and Career Paths
  • 16:49 Training and Onboarding at Handelsbanken
  • 20:58 Final Thoughts on Handelsbanken
  • 25:02 Episode Conclusion

About Bjarte Bogsnes

Bjarte Bogsnes is the Chairman of the Beyond Budgeting Round Table, a former global finance executive, and a leading thinker in management innovation. He is the author of Implementing Beyond Budgeting and This Is Beyond Budgeting, where he distills nearly three decades of real-world experience challenging traditional budgeting, targets, and control-based management.

Bjarte's work demonstrates how organizations can replace rigid, calendar-driven systems with models built on trust, transparency, and adaptability. The result is creating companies that are not only more responsive but also more human.

You can follow Bjarte Bogsnes at https://www.linkedin.com/in/bjarte-bogsnes-41557910/

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Visit us at https://www.ouragiletales.com/about

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