Track Host Datum Raum
Keynote - Business Agility in Practice - an Introduction to Beyond Budgeting Di, 09.07.2019 Plenum
09:00 - 10:00

The problems with traditional management, including budgeting

- The Beyond Budgeting principles and companies on the journey

- Equinor’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

Bjarte Bogsnes
Profile picture for user Bjarte Bogsnes

Bjarte Bogsnes has a long international career, both in Finance and HR. He is a pioneer in the Beyond Budgeting movement, and has been heading up the implementation of Beyond Budgeting at Equinor (formerly Statoil), Scandinavia’s largest company. He led a similar initiative in Borealis in the mid-nineties, one of the companies that inspired the Beyond Budgeting model. Equinor realized that traditional leadership and management practices no longer work in today’s competence organizations operating in business environments more complex, dynamic and unpredictable than ever. The company implemented innovative alternatives to traditional management, like abolishing traditional budgets and calendar-based management in favour of more decentralized, agile and human processes.

Bjarte is Chairman of Beyond Budgeting Roundtable (BBRT). He is a popular international business speaker and is the winner of a Harvard Business Review/McKinsey Management Innovation award. Bjarte is also author of "Implementing Beyond Budgeting - Unlocking the Performance Potential", where he writes about his almost twenty-five years long Beyond Budgeting journey.

Equinor has opened up for Bjarte to undertake select external consulting work.