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Beyond Budgeting: How Managers Can Break Free from the Annual Performance Trap

Beyond Budgeting: How Managers Can Break Free from the Annual Performance Trap
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Manufacturer: Harvard Business School Press
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Additional Beyond Budgeting: How Managers Can Break Free from the Annual Performance Trap Information

The annual budgeting process is a trap. Pressured by fixed targets and performance incentives, managers focus on making the numbers instead of maximizing potential.

In the end, everybody loses-the employee, the company, and ultimately the customer.

Now, finance experts Jeremy Hope and Fraser illustrate how companies can implement these shared visions-and the long-term benefits that accrue from embracing them.

Offering a compelling case for breaking free from the budgeting trap, this book paves the way toward making organizations better places to work for, invest in, and do business with.


With their compensation at stake, managers often resort to deceitful-even unethical-behavior.

 

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