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Friday, August 1 • 10:45 - 12:00
Beyond Budgeting - an Agile management model for new business and people realities - the Statoil implementation journey (Bjarte Bogsnes)

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- The problems with traditional management, including budgeting
- The Beyond Budgeting principles and companies on the journey
- Statoil's "Ambition to Action" model;
    -  redefining performance - dynamic and relative targets and 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

Bjarte Bogsnes has a long international career, both in Finance and HR. He is currently heading up the Beyond Budgeting implementation at Statoil, Scandinavia's largest company with operations in 36 countries and a turnover of 130 bn USD. On Fortune 500, the company was recentl... Read More →

Friday August 1, 2014 10:45 - 12:00 EDT
Sun Ballroom