Beyond Budgeting: any chance for managementimprovement?
This study makes a comparative analysis of the discussion pointsbrought up by Hope and Fraser in questioning what they call the “traditional”company budget format, with a view to identifying aspects that offer more adequateand effective company management opportunities to organizations. In this sense, theconfrontation between both authors and the traditional ones leads to the conclusionthat, once again, this discussion deals with a new cycle that tries to recover classicqualitative budget aspects that, once complied with, do not need a new label for thesake of effective company management. Although the approach recommends thepossibility of not having an annual budget, strictly speaking, it proposes to emphasizea more strategic discussion, front line participation, greater confidence in managers,periodic result forecasting and elimination of the “fixed contract”, among otherelements. The critical analysis was divided into two groups so as to distinguishbetween criticism in relation to budget limitations and that resulting from itsinadequate usage. Finally, the authors do not solve some problems that may becaused by the nonexistence of a budget, besides creating other problems that wouldnot exist without the proposal.
Volume (Year): 1 (2004)
Issue (Month): 2 (June)
|Contact details of provider:|| Postal: |
Phone: +55 27 4009-4423
Fax: +55 27 4009-4422
Web page: http://www.bbronline.com.br/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:bbz:fcpbbr:v:1:y:2004:i:2:p:118-135. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sarah Lasso)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.