Max's Blog: August 2023

Thursday, August 31, 2023

Quote of the day

Experience is one thing you can't get for nothing.

Oscar Wilde
more Quotes

Wednesday, August 30, 2023

Quote of the day

It is not so much our friends' help that helps us, as the confidence of their help.
Epicurus
more Quotes

Tuesday, August 29, 2023

Quote of the day

We cannot live only for ourselves. A thousand fibers connect us with our fellow men

Herman Melville

Quote of the day

A great deal of intelligence can be invested in ignorance when the need for illusion is deep.

Saul Bellow
more Quotes

Monday, August 28, 2023

Quote of the day

The aim of education is the knowledge, not of facts, but of values.

William Inge
more Quotes

Sunday, August 27, 2023

Quote of the day

Freedom is not enough.

Lyndon B. Johnson
more Quotes

Saturday, August 26, 2023

Quote of the day

Hope is such a bait, it covers any hook.

Oliver Goldsmith
more Quotes

Friday, August 25, 2023

Quote of the day

Let us be grateful to the mirror for revealing to us our appearance only.

Samuel Butler
more Quotes

Thursday, August 24, 2023

Quote of the day

Lend yourself to others, but give yourself to yourself.

Michel de Montaigne
more Quotes

A great read on "Beyond Management topic"

I’ve just finished reading 𝐓𝐡𝐢𝐬 𝐢𝐬 𝐁𝐞𝐲𝐨𝐧𝐝 𝐁𝐮𝐝𝐠𝐞𝐭𝐢𝐧𝐠 – 𝐀 𝐆𝐮𝐢𝐝𝐞 𝐭𝐨 𝐦𝐨𝐫𝐞 𝐀𝐝𝐚𝐩𝐭𝐢𝐯𝐞 𝐚𝐧𝐝 𝐇𝐮𝐦𝐚𝐧 𝐎𝐫𝐠𝐚𝐧𝐢𝐳𝐚𝐭𝐢𝐨𝐧𝐬” “ by Bjarte Bogsnes and with forward by the legendary Professor Gary Hamel.

Bjarte Bogsnes is one of the maximum global experts on Beyond budgeting and has greatly contributed to spread the concepts behind the Beyond Budgeting movement as well as to implement its techniques and philosophy in a plethora of companies since many years ago. He is, among the others, also the founder of the “Beyond Budgeting Roundtable” (BBRT) https://bbrt.org and already wrote others books on this same topic.

Basing on pure logic and even good common sense, often through simple, disarming and irrefutable statements, this book clearly debunks the myths and concepts upon which the Budget is grounded.
Times have changed, we by now live in a VUCA world and a tool that was fairly functioning until the first half of last century it isn’t anymore and shows all its flaws, contradictions, uselessness and even its harmfulness.

This book contains the answers to different fundamental questions and doubts I’ve been raising to myself since many years ago about the validity of the Budget itself; it is a welcome and so interesting response, kind of” All that you always wanted to know about Budgeting, but were afraid to ask” or “What they don’t teach you at University about Budgeting”.

Introducing and implementing Beyond Budgeting techniques and philosophy means mainly acting and operating in a Management Innovation domain, more than on a Technology Innovation one.

This book is definitely a must read for whoever wants to get acquainted with the philosophy and the main techniques which are behind the innovative movement of Beyond Budgeting learning them from a pioneer in this field and one of the main global advocates of this innovative movement that is rapidly gaining ground.

𝐓𝐡𝐞 𝐩𝐫𝐨𝐛𝐥𝐞𝐦 𝐢𝐬 𝐧𝐨𝐭 𝐭𝐡𝐚𝐭 𝐰𝐞 𝐚𝐢𝐦 𝐭𝐨𝐨 𝐡𝐢𝐠𝐡 𝐚𝐧𝐝 𝐦𝐢𝐬𝐬, 𝐛𝐮𝐭 𝐭𝐡𝐚𝐭 𝐰𝐞 𝐚𝐢𝐦 𝐭𝐨𝐨 𝐥𝐨𝐰 𝐚𝐧𝐝 𝐡𝐢𝐭”
(𝐀𝐫𝐢𝐬𝐭𝐨𝐭𝐥𝐞).

#BeyondBudgeting #budget #Management #Innovation #ManagementInnovation #Finance #books #summerreadings

Link to my original LinkedIn post:
https://www.linkedin.com/feed/update/urn:li:activity:7100404627883368448/
Link to Goodreads:

https://www.goodreads.com/book/show/61815997-this-is-beyond-budgeting