Unlocking the Performance Potential
Bjarte Bogsnes has a long international career in the oil business, both in Finance and HR. As Group Controller for the petrochemicals company Borealis he headed the abolishment of budgeting in this company in the mid-nineties. Bjarte has been advocating the "Beyond Budgeting" principles ever since. He is now heading up StatoilHydro's Beyond Budgeting project. The Norwegian oil and gas company StatoilHydro is Scandinavia's largest company with operations in 40 countries and a turnover of $100 Billion. Bjarte is also Chairman of Beyond Budgeting Roundtable Europe.
Foreword xi Acknowledgments xiii About the Author xv Introduction xvii CHAPTER 1 Problems with Traditional Management 1 CHAPTER 2 Beyond Budgeting 55 CHAPTER 3 The Borealis Case 91 CHAPTER 4 The Statoil Case 123 CHAPTER 5 Beyond Budgeting and Agile 221 CHAPTER 6 Making the Change: Implementation Advice 229 Revolution or Evolution? 260 Closing Remarks 263 Index 265