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What makes a management model Viable?
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...
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Show me the evidence!
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 ...
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What have traffic lights and budgets got in common?
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...
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How binning budgets is being used to unleash transformational change in Bayer
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...
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How budgets drive up costs
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...
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