The 10th Drucker Forum – sometimes referred to as “the Davos of Management” – was held in Vienna last week. The theme of this year’s event was: The human dimension in management. Accordingly, most of the presentations and discussions centred on this; both at the societal and organisational level.
For the first time, we were invited to present Beyond Budgeting on this stage. Bjarte Bogsnes did a great job presenting what it takes to truly achieve business agility and humanity.
A few highly interesting cases, where human-centred management systems had been successfully implemented in organisations, were presented. And most of the speakers talked about the importance of business agility, decentralisation and empowerment, but hardly anyone talked about why it doesn’t happen. One notable exception was Gary Hamel, who is very clear about the need to bust bureaucracy. Roger Martin also made an important point about the need for the management system to be closely aligned with – and designed to support – the remaining elements of an organisation’s strategy.
Bjarte Bogsnes: “It was as if there was ’an elephant in the room’. Very few seem yet to have realised that in order to make organisations more human and agile, one must fundamentally change the traditional management system with the annual budget and the budget mind-set at its core.”
We hope to return next year and make our point again; it is unfortunately very much needed.