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#beyondbudgeting — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #beyondbudgeting, aggregated by home.social.

  1. I had a great time in London this year for the #FastFlowConf. The folks did a wonderful job with the video of my talk, "Team Topologies is not enough; you need a management model to match!".

    You can watch it here:
    🌐 youtube.com/watch?v=8sIcxkbhgVA

    If your org is struggling to unlock its full potential, just get in touch!

    #TeamTopologies #BeyondBudgeting

  2. If your company doesn’t have a Fast Close, then you don't have a company. You have a big f@*king mess.
    Fast Close means that the month’s numbers (incl. all reporting internal & external) are closed on the 2nd day of the following month the latest.

    Pity that’s not standard practice yet, right?
    #accounting #finance #financialmanagement #cfo #cfos #reporting #controlling #beyondbudgeting #relativetargets

  3. If your company doesn’t have a Fast Close, then you don't have a company. You have a big f@*king mess.
    Fast Close means that the month’s numbers (incl. all reporting internal & external) are closed on the 2nd day of the following month the latest.

    Pity that’s not standard practice yet, right?
    #accounting #finance #financialmanagement #cfo #cfos #reporting #controlling #beyondbudgeting #relativetargets

  4. If your company doesn’t have a Fast Close, then you don't have a company. You have a big f@*king mess.
    Fast Close means that the month’s numbers (incl. all reporting internal & external) are closed on the 2nd day of the following month the latest.

    Pity that’s not standard practice yet, right?
    #accounting #finance #financialmanagement #cfo #cfos #reporting #controlling #beyondbudgeting #relativetargets

  5. If your company doesn’t have a Fast Close, then you don't have a company. You have a big f@*king mess.
    Fast Close means that the month’s numbers (incl. all reporting internal & external) are closed on the 2nd day of the following month the latest.

    Pity that’s not standard practice yet, right?
    #accounting #finance #financialmanagement #cfo #cfos #reporting #controlling #beyondbudgeting #relativetargets

  6. If your company doesn’t have a Fast Close, then you don't have a company. You have a big f@*king mess.
    Fast Close means that the month’s numbers (incl. all reporting internal & external) are closed on the 2nd day of the following month the latest.

    Pity that’s not standard practice yet, right?
    #accounting #finance #financialmanagement #cfo #cfos #reporting #controlling #beyondbudgeting #relativetargets

  7. If your interests lie in the fields of corporate financial management, #controlling, and Beyond Budgeting, then the latest research paper from the BetaCodex Network on #RelativeTargets should be especially interesting for you! Our 22nd white paper outlines how to overcome fixed #targets and incentives, and eliminate the need for #annual planning, budgeting, cost management and obnoxious resource allocation, for good. It's the promise of #BeyondBudgeting, fulfilled.

    betacodex.org/white-papers/pap

  8. Don't miss out on tomorrow's BetaCodex LIVE session, in which @soundslikeryan and I will talk about the latest #BetaCodex research on org #transformation and the #RelativeTargets approach. Learn how to get rid of #FixedTargets, #Budgeting, #planning, #costmanagement and bonus systems, for good. It's the promise of #BeyondBudgeting - fulfilled!

    🍒 The online session: youtube.com/watch?v=XWkMCWKxchY

    🍒 The research paper: betacodex.org/white-papers/pap

  9. Yesterday's edition of BetaCodex LIVE is online! Rijon Erickson and I talked about the Relative Targets social technology (www.relativetargets.com), about what it entails and about why Relative Targets is about "no plans, all performance!"
    Watch the session here: youtube.com/watch?v=ibFpJ6Flvs

    #relativetargets #betacodex #performance #targets #collaboration #okrs #nookrs #beyondbudgeting #noplanning

  10. #RelativeTargets is a fascinating concept from the realm of the #BetaCodex: Stop the planning madness - bring on transparent, fast and insightful reporting. All of that completely WITHOUT the hassle of negotiating targets!
    A whitepaper on the open source approach Relative Targets: betacodex.org/wp-content/uploa
    #performance #collaboration #leadership #nookrs #beyondbudgeting

  11. In his new book on #BeyondBudgeting, my former BBRT colleague Bjarte Bogsnes does a great job at outlining the principles of an organizational model that works in today's complex world. Bjarte brilliantly frames the case for #transformation. He also shows why the time to act is NOW. This is also a terrific read for anyone who wants to learn about the roots, or origins of the #BetaCodex. amazon.com/This-Beyond-Budgeti

    #collaboration #leadership #management #orgdev

  12. Culture eats nothing at all.
    Culture is merely a shadow of an organization:
    Change the system - the culture will follow!
    Culture is "obedient", not "powerful".
    It is "output", not "input."
    The culture is shit? Work the system!
    #betacodex #culturechange #systemsthinking #agile #orgdev #organizationaldevelopment #lean #leanmanagement #teal #beyondbudgeting #systemstheory #workthesystem #red42

  13. If you are interested bringing about organizational transformation to Beta, then checking out this latest research of ours about #decentralization, coherent self-organization and #CellStructureDesign will be worth your while!

    Read the "Cell Structure Design Patterns" white paper here: betacodex.org/white-papers/ (no registration needed)

    #transformation #newwork #orgdesign #agile #agility #lean #beyondbudgeting #teal #scrum #agiletransformation #agilemindset #scaledagile #scalingagile #eodf #odf

  14. There is no "large-scale change"!
    Doesn't exist. Never existed. It's just a mirage.

    What exists instead are two modes of change: Working IN the System (optimization) and Working ON the System (overcoming a system). For the latter, employ the wonderfully effective #ChangeAsFlipping: betacodex.org/wp-content/uploa

    #betacodex #openspacebeta #transformation #weichselbaum #agiletransformation #culturechange #timeboxedchange #orgdev #agile #lean #teal #beyondbudgeting #organizationaldevelopment

  15. Leadership, organizational development, power dynamics in companies and value creation, can only be fully understood through #OrgPhysics!

    Yesterday, @rijon and I talked about this in depth during the 6th episode of #BetaCodexLIVE. Watch the episode here:
    youtube.com/watch?v=dwg9hQDoeX

    #betacodex #leadership #beyondbudgeting #agile #lean #scrum #teal #newwork #orgdev #orgdesign #cellstructuredesign #systemsthinking

  16. Ready to relinquish the illusion of control, bonus systems, target negotiations, performance appraisal, budgeting, fixed allocations and other obnoxious performance management tools, fads and practices?

    Then #RelativeTargets is for you. Best of all: It works.
    youtube.com/watch?v=kwJ6CYIi7a

    #performancemanagement #performance #betacodex #beyondbudgeting #lean #agile #okr #orks #nookrs #strategy #strategicplanning #planning #budgeting #noplanning #systemsthinking #newpay #newwork #cellstructuredesign

  17. In 2019, the #BetaCodex Network published two important research papers about #change & #transformation:
    Paper 15: Secrets of Very Fast Organizational Transformation betacodex.org/wp-content/uploa and
    Paper 16: From Now to New, Right Here: Change-as Flipping
    betacodex.org/wp-content/uploa

    The two papers outline key concepts and theory behind the #OpenSpaceBeta approach, developed the previous year. They also mark a new era in #OrganizationalDevelopment: Away from planned change and #ChangeManagement, and towards "change work done together with all the willing". Both papers were written by our associates @silkehermann and @nielspflaeging.

    #betacodex #VFOT #agile #lean #scrum #newwork #futureofleadership #orgdev #culturechange #newleadership #agility #teal #beyondbudgeting #workthesystem #follett #changeasflipping #ChangeLeadership #kotter

  18. Ready to get rid of #budgeting and annual planning?
    Ready to get rid of fixed #targets, target negotiations and coercion?
    Ready to get rid of obnoxious #performancemanagement systems?
    Ready to get rid of nonsensical #reporting?
    Ready to get rid of #incentives and bonus systems?
    Ready to relinquish trampling on people's #motivation?
    Ready to drive out desperation, learned helplessness and fear?

    Then #RelativeTargets is for you. Best of all: It works
    youtube.com/watch?v=kwJ6CYIi7a
    #betacodex #noplanning #newpay #performance #agile #lean #scrum #teal #okrs #nookrs #nombo #noincentives #workthesystem #beyondbudgeting #agiletransformation

  19. #RelativeTargets is a social technology developed & published in 2021. It is based on 20+ years of #BeyondBudgeting & #BetaCodex research, and pioneering cases such as #Handelsbanken, #Toyota, #dm-drogerie markt and #Buurtzorg.

    In yesterday's intro to #RelativeTargets, I talked about the roots, the elements and the applicability of the approach. Watch the video here:
    youtube.com/watch?v=kwJ6CYIi7a
    #betacodex #performance #culturechange #motivation #newpay #orgdev #okrs #selforganization #leadership