In the October 2003 Inc. feature, "Breaking Free from Budgets," on page 72, writer Suzanne McGee profiles businesses that have abandoned the budgeting process in an effort to think more strategically and seize opportunities in an increasingly dynamic economy. Here, Inc.com discusses abandoning the annual budgeting process with Jeremy Hope, a cofounder of the Beyond Budgeting Round Table and coauthor of Beyond Budgeting, and offers an excerpt from his recent book.
Q&A: Seeing Beyond the Annual Budget
Jeremy Hope discusses the need for businesses to reevaluate the annual budgeting process.
Book Excerpt: Beyond Budgeting
Discover what the "beyond budgeting" concept is all about in this introduction from Beyond Budgeting (2003, Harvard Business School Press) by Jeremy Hope and Robin Fraser.