BBRT - Beyond Budgeting Roundtable

What is the BBRT?

The BBRT is an international shared learning network of member organizations with a common interest in transforming their performance management models to enable sustained, superior performance. BBRT helps organizations learn from world-wide best practice studies and encourages them to share information, past successes and implementation experiences to move beyond command and control.

The BBRT promotes a set of principles that lead to more dynamic processes and front-line accountability. Organizations that follow this approach transform their management model in line with these principles, which are outlined in "The Leader's Dilemma: How to build and empowered and adaptive organization without losing control", published by Jossey-Bass.

The BBRT is at the heart of a movement that is searching for ways to build lean, adaptive and ethical enterprises that can sustain superior competitive performance. Its aim is to spread the idea through a vibrant community.

View the BBRT Calendar of Events

BBRT North America Conference: 18-20 April 2012
BBRT European Members' Meeting: 14-15 May 2012

News archive

Taking reality seriously - towards a more self-regulating management model at Statoil - Revised Posting

Now chosen as a finalist for the Beyond Bureaucracy Challenge. Make a comment and rate this story by going to: http://www.managementexchange.com/story/taking-reality-seriously-towards-more-self-regulating-management-model-statoil. Lots of favourable comments and ratings increase Bjarte's chances of winning! The deadline is 1 February 2012!

The Management Information Exchange (MIX) has a section devoted to “stories”, which are real-world case studies of management innovation.

Recently Bjarte Bogsnes, Vice President of Performance Management Development at Statoil and chairman of the BBRT has submitted a story to MIX about Statoil's developments towards a self-regulating management model. Here are some quotes from the story by the CFO and CEO of Statoil:

CFO Torgrim Reitan: "We could easily put in place a cost program instructing all business areas to reduce costs by a given number. However, I believe such a measure would work against our efforts to build a cost-conscious culture. If we want to become more fit, a crash diet does not work. It takes a change of lifestyle. I believe Statoil is made up of competent, responsible and commercially oriented people who will make the right cost decisions. This means always working hard to reduce bad cost, while protecting good cost. You know better than me what these are and where they are".
CEO Helge Lund: "We have a management model which is very well-suited to dealing with turbulence and rapid change. It enables us to act and re-prioritize quickly so that we can fend off threats or seize opportunities. This is much more difficult in a traditional 'budget world'."

To read the full story and comment on it: http://www.managementexchange.com/story/taking-reality-seriously-towards-more-self-regulating-management-model-statoil

BBRT Briefing Papers and White Papers

A range of BBRT briefing papers and White Papers are now publicly available at www.beyondbudgeting.org. The White Papers and some of the Briefing Papers are free downloads and the remainder can be downloaded on payment of a small fee.