Essay on Analysis of Beyond Budgeting by Jeremy Hope
In the book "Beyond Budgeting," author Jeremy Hope gave an altogether different conceptualization of the significance of budgeting on effective management. In it, he emphasized the need for better and well-thought out budgeting plans in order not to sacrifice the management decisions and ultimately, the efficient performance of a company or organization. The author aimed to create a strong argument illustrating this objective-that is, the relationship of budgeting with management-and successfully achieved this by centering his attention to the rudimentary, yet essential, details of budgeting in a more comprehensible manner. The book, in effect, was organized into three parts: firstly, an analysis of budgeting; secondly, on management; and finally, the role that budgeting plays on effective management.
One of the revolutionary ways in which budgeting was transformed in the book was by assigning the term "performance management process," which connotes a more interactive and holistic approach to budgeting. Thus, by changing the terminology com
Names mentioned in this term paper
Jeremy Hope,
Keywords referenced in this term paper
budgeting, management, performance management, management process, financial planning, holistic approach, managers, key elements, remote control, budgets, secondly, conceptualization, propensity, problems, cumbersome, daily, reinstatement, conscientious, centering, organization, illustrating, the management, computerized, a generation, competitive, engineers, experience, interactive, meeting, analysis, technology, resources, company, the needs, the budget, the revolutionary, the relationship,
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Analysis of Beyond Budgeting by Jeremy Hope. (1969, December 31). In DirectEssays.com. Retrieved 11:47, May 21, 2013, from http://www.directessays.com/viewpaper/200533.html
Direct Essays. "Analysis of Beyond Budgeting by Jeremy Hope." DirectEssays.com. DirectEssays.com, (December 31, 1969). Web. 21 May. 2013.
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