We are often confronted with the belief that Beyond Budgeting cannot work in listed companies because of the requirement of quarterly guidance to the market.
Accordingly, we are addressing this issue at the next local workshop for BBRT members in Denmark. The topic of the workshop is: Beyond Budgeting in listed companies, and it will address issues that are of particular relevance to such companies. This includes communication with the market, and how being listed reinforces “budget management” (i.e. budgets, targets, forecasting, incentives, etc.), and thus gets in the way of implementing Beyond Budgeting.
At this event, Head of Investor Relations at Handelsbanken, Lars Höglund, will explain how they balance the requirements of being listed with their Beyond Budgeting management model.
Anders Olesen of the BBRT Core Team will facilitate the workshop, which is held at Basico’s office on 20 February. Basico is our official partner in Denmark.
In order to sign up, click here.