Every day millions of us give money to complete strangers we ’meet’ on the web in the expectation that they will send us what we ask for. We also are increasingly likely to hand over the keys to our home and let people who we have never met, and will...

Variance analysis is so deeply embedded in day-to-day practice that many finance professionals cannot conceive of being able to analyse performance without it.So what do we do when we don't have a detailed budget to compare actual expenditure ag...

In the dynamic landscape of business, where markets shift and strategies evolve, the need for one constant remains paramount—the values that underpin the organisation. No central plan will ever truly bind people to a common cause, only values will.&#...

The dictionary defines viability as: the ability to live and work successfully...to survive and thrive.Hence, it can be said that the goal of every organisation is to be "viable'.Business models and management modelsAn organisation, like an orga...

Many of the CFOs we talk to increasingly find themselves at the epicentre of internal frustration as they try to balance their responsibility for financial resilience with the need to enable business agility.It's a tricky tightrope to walk.The rigid ...

Once, when stuck in traffic between the airport and home, glacially moving from one red-traffic light to another, I found myself reflecting on the parallels between managing organisations and managing traffic.You can tell it was a long journey.At the...

A wind is blowing through the hitherto stuffy corridors of big businesses and we in the Beyond Budgeting community know what is behind it.As Bill Anderson, the newly appointed CEO of the German pharmaceutical to chemical giant explained in the Financ...

The critical test that any supporting business process must pass is ‘does this help the business become more efficient and effective?’Administering a budgeting system is very costly and so can become part of the problem we are trying to solve. But ev...