As organisations grow, they can become less happy and more sad. There are a lot of big benefits from growth, but at the same time, you will need to look back and see what you can keep around from when you are a smaller organisation. Bjarte talks about management and figuring out what the most efficient way to manage would be.
When it comes to budget, there are a lot of problems and it’s a flawed process, but not a lot of managers have agreed on the solution. Beyond Budgeting is an alternative way to budget which aims at fixing smaller problems. This talk is well-encompassing a lot of different key topics on management, growth, business models, and the way that things have been run across the world.
What you will learn in this video:
- What management processes make sense for which principals.
- The importance of making sure that there is logical within rules, but there isn’t too many rules.
- Traditional management vs new systems that allow managers more freedomes.
- The importance of being dynamic on your processes.
Related resources:
- Beyond Budgeting: A New Management Philosophy for Your Organisation – This talk explains 12 Beyond Budgeting principles and how they improve your company.
- Bjarte Bogsnes: Why Budgets Might Be Harming Your Finances and Your Employee’s Happiness – This is another talk by Bjarte, explaining how budgeting can effect happiness in your company.
- How Well Do Your Staff Know Your Organisation’s Finances? – This talk goes through the importance of ensuring that your employees are in the know.
