Are you suffering budget blues, both in doing and meeting the wretched things? Jeremy Hope and Robin Fraser, authors of Beyond Budgeting, have a simple solution. Scrap them! No targets for spending and selling means no blasting for shortfalls. Yet control isn't lost: use rolling five- to eight-quarter forecasts of key variables (say, orders, sales, costs and capital spending). Motivate via key performance indicators (such as profits, cashflow, cost ratios, customer satisfaction and quality), measured against internal or external peer groups. In Harvard Business Review, the authors claim that this leads people to outdo themselves, and that beyond-budget companies create more value, while saving oceans of time and mountains of money.
Why the EU has a bee in its bonnet about Google tying its mobile OS to its apps.
Sallie Krawcheck was dubbed the most powerful woman on Wall Street. Now she's redefining investing for women.
A new dark age, cruel and dangerous social media and Sean Spicer feature in this month's reading list.
Pragmatism and continual innovation has enabled the Lancashire manufacturer to take its work wear global.
Boards are supposed to prevent anything that could cause harm to a company, but some still fail.
Five ways you can help your female high-fliers 'come to the front'.