- The Statoil implementation journey

- The problems with traditional management, including budgeting

- The Beyond Budgeting principles and companies on the journey

- Statoil's "Ambition to Action" model;

- redefining performance - dynamic and relative with a holistic performance evaluation

- dynamic forecasting and resource allocation and no traditional budgets

- from calendar-driven to event-driven; a more self-regulating management model

- Implementation experiences and advice

Get an in-depth understanding of the agile management model Beyond Budgeting, from background to philosophy to its 12 principles covering both leadership and management. Benefit from Bjarte’s long Beyond Budgeting implementation experience in two large organisations, starting in the mid-nineties, before Beyond Budgeting was born.

Understand how to trust and empower without losing control. Learn how to redefine performance – with dynamic and relative targets (or no targets at all) and a holistic performance evaluation. The workshop will also cover dynamic forecasting and resource allocation without budgets. Discover other examples of self-regulating management mechanisms, including transparency. Bjarte will also share insights into KPI pitfalls, the bonus ‘problem’, and the relationship between Beyond Budgeting and Agile.

You will also hear about companies all over the world who have embarked on this journey, including the Statoil story, Scandinavia's largest company which kicked out the budget (and much more) in 2005.

TBC