The Beyond Budgeting Model

The Beyond Budgeting Model is an approach to managing organizations that moves away from fixed annual budgets. Instead, it emphasizes flexibility, decentralized decision-making, and continuous performance improvement. Companies adopt adaptive goals, real-time information, and empower teams to respond quickly to changing conditions. This approach aims to foster innovation, employee engagement, and better alignment with market trends, leading to more agile and resilient organizations that can thrive in uncertain environments without being constrained by traditional budgeting processes.