As part of our research efforts, and in order to increase the awareness about Beyond Budgeting, we reach out to and cooperate with universities, business schools, academics and other thought leaders.
A great example of such cooperation is with NHH Norwegian School of Economics, which has been an active member of BBRT for many years. We are extremely happy with this cooperation and the strong ties we have with many people at NHH. Most recently, Katarina Kaarbøe from NHH was awarded the David Solomons Prize by Management Accounting Research in recognition of the article: “From comfort to stretch zones: A field study of two multinational companies applying beyond budgeting ideas”; a paper she co-authored with Professor Anatoli Bourmistrov from University of Nordland.
NHH has conducted a very interesting study from the Norwegian banking sector which demonstrates a strong negative correlation between long-term financial results and the use of traditional budgets.
Another example of such cooperation is with Católica Porto Business School in Portugal that is now introducing Beyond Budgeting in their executive education.