Performance Management without Traditional Budgeting

Artikelserie zur dynamisierten Unternehmenssteuerung 

(Series of articles on dynamic business steering - currently only available in German)

Dynamisierte Unternehmenssteuerung - Teil 1
Problembeschreibung und Funktionsweise

Familiengeführte Unternehmen sind gemäss einer neuen Studie der Credit Suisse profitabler als ihre börsennotierten Konkurrenten. Die Gründe hierfür liegen gemäss der Schweizer Universalbank in einer höheren Investitionsbereitschaft, höheren Wachstumsraten und höheren Ausgaben in der Forschung und Entwicklung. Der vorliegende Beitrag geht der Frage nach, was diese Unternehmen besser machen.

Dynamisierte Unternehmenssteuerung – Teil 2
Anpassung der finanziellen Steuerungsprozesse

Die im ersten Teil vorgestellte indexierte Leistungsmessung führt zu einer fairen – weil um konjunkturelle Einflüsse bereinigten – Leistungsbewertung. Sie schafft gleichzeitig die Voraussetzung, den finanziellen Steuerungsprozess konsequent auf Wachstum auszurichten, was in diesem Beitrag dargelegt wird. Sobald die Wachstumsbremse mit Einführung der indexierten Leistungsmessung einmal gelöst ist, kann der Wachstumsmotor «gestartet» und seine Drehzahl
kontinuierlich erhöht werden.

Dynamisierte Unternehmenssteuerung – Teil 3
Empfehlungen zur Einführung

Ihr Unternehmen ist ein Planungs-Champion. Sie verfügen über eine breit abgestützte Strategie und eine finanzielle Mehrjahresplanung, die jährlich auf ein detailliertes Budget heruntergebrochen wird. Eigentlich ein guter Grund, um sich
zu entspannen.

Agility in financial planning

The economic environment is becoming more and more VUCA - volatile, uncertain, complex, ambiguous. A prominent topic is digitization, which is likely to bring more or less significant changes for all companies, without the nature, direction and speed of the changes being precisely foreseeable, let alone predictable. In order to survive successfully in such an environment, agility is needed, a concept of corporate management that is currently much discussed. Agility means speed, adaptation, flexibility and dynamism. Agile financial planning and steering is also required as part of corporate management. How can this be designed? [....]

German version

Digitized Corporate Planning: How to avoid bad investments

Digitization is becoming increasingly important for corporate planning. But what exactly does "digitization" of corporate planning mean and what should companies consider before investing in new (digital) technology? [....]

German version

Digitization and management control - An overview of the current state of the discussion 

Every day there are new publications about digitization and management control: narrower or broader studies and publications from the scientific community, presentations, articles or blogs from management consultancies and software providers.

In the last few weeks I have read a large number of such publications and summarize my findings on the current state of the discussion in the following 5 points [....]

German version

Dynamic Business Steering

More and more companies notice the increasing dynamics and risks of global markets. This constant development puts new demands on the financial management and control systems: The processes for business steering must become more dynamic! [....]

German version

Target setting is possible even without budgets

These days, the competitive environment is extremely challenging for most companies. The price, cost and innovation pressure is strong. At the same time, the expectations by the investors are very high: The return on the invested capital ought to be maximal. Companies set ambitious targets, which are defined for different organizational units and hierarchical levels within the company, in order to be successful in this environment. [....]

German version

Watch out - How forecasts cause your budget to collapse!

If the assumptions (e.g. about customer behavior, growth, project impact), that your budget initially was based on, change during the fiscal year, then the relevance of the processes to plan and steer the business changes as well. The forecast can cause your budget to collapse partially or even completely. [....]

German version

How to boost your forecast accuracy

More and more companies experience the growing dynamics and uncertainty of the economic environment at first hand. The key word volatility, as an expression of this phenomenon, is very popular. When the volatility increases, the forecast accuracy becomes more important. What could be more appropriate than to constantly increase the forecast accuracy? 

The good news is: The forecast accuracy can be significantly increased with just a few simple means. The even better news is: No complex mathematical-statistical models, expensive software or supernatural abilities are required in the first step – even though these might help as well. [....]

German version


GPS based on traditional budgeting principles - give it a shot! 

Test the new GPS for your car! It uses the practice proven principles of traditional budgeting and thus offers an unforgettable driving experience. Below, I will explain to you why the Traditional Budgeting System (Abbr.: «TBS») is significantly superior to conventional GPS devices. [....]

German version

How budgets steal our perspective

A firsthand report.

October 2016 – the days are getting shorter, however, the work days of a controller are getting longer and longer: It is planning and budgeting time. The same in our corporation. Currently, the controllers develop a detailed five-year plan and an even more detailed budget. [....]

German version

7 reasons why traditional budgeting is here to stay

7 reasons why traditional budgeting is here to stay

Regularly in fall, the budgeting process paralyses entire organizations. Both, public and private companies suffer equally from the budget fever. The first signs of this fever are often already significantly noticeable in the summer.

But why has the traditional budgeting system overcome the past decades mostly unaltered? Why did alternative concepts, such as Beyond Budgeting not gain substantial foothold yet? Here are the 7 most important reasons for why traditional budgeting will persist in the future [....]

German version