Customer Review

16 of 17 people found the following review helpful
5.0 out of 5 stars A truly significant book, 23 May 2003
By A Customer
This review is from: Beyond Budgeting: How Managers Can Break Free from the Annual Performance Trap (Hardcover)
This book does not describe how to budget better, but instead asks the fundamental questions: “Why is so much time wasted on such an unproductive process as budgeting and why do it at all?”. Because we have all grown up with budgets, we have not questioned the basic tenets of how businesses are run. Each argument that you can propose in favour of budgeting is systematically demolished by this book. After much detailed research after many years, the authors have concluded that the culture of most organisations is fundamentally flawed and budgeting is a symptom. Starting from the CEO, businesses must be open, honest, not driven only by short term goals and allow people to use their initiative. If all you knew about this book was its title, you might conclude, incorrectly, that it is aimed at the number-crunchers. Look beyond the title, behind it is one of the most significant business books of the decade. I have read many business books. This is one of the few that I have read to the end, because it is clearly written and consistently interesting. Excellent
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4.8 out of 5 stars (4 customer reviews)
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