Managing risk and uncertainty in Beyond Budgeting implementations
by Matthew Leitch, 3 November 2003
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| Managing risk and uncertainty in Beyond Budgeting implementations by Matthew Leitch, 3 November 2003 |
Attached to this page are two documents developed with assistance from members of the Beyond Budgeting Round Table and its organisers. The first is a document in MS Word format with guidance on how to manage risk and uncertainty when implementing Beyond Budgeting management models. It goes much further than you might expect because a key part of this is developing robust project plans and so the guide goes into some detail on the steps needed. The second document is in MS Excel and lists activities in a typical Beyond Budgeting implementation. If you are wondering what could be involved in your project, in practical terms, this is a good place to start.
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| If you found any of these points relevant to you or your organisation please feel free to contact me to talk about them, pass links or extracts on to colleagues, or just let me know what you think. I can sometimes respond immediately, but usually respond within a few days. Contact details |
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| About the author: Matthew Leitch is an independent consultant, researcher, and author specialising in internal control and risk management. He is also the author of the new website, www.WorkingInUncertainty.co.uk, and has written two breakthrough books. Intelligent internal control and risk management is a powerful and original approach including 60 controls that most organizations should use more. A pocket guide to risk mathematics: Key concepts every auditor should know is the first to provide a strong conceptual understanding of mathematics to auditors who are not mathematicians, without the need to wade through mathematical symbols. Matthew is a Chartered Accountant with a degree in psychology whose past career includes software development, marketing, auditing, accounting, and consulting. He spent 7 years as a controls specialist with PricewaterhouseCoopers, where he pioneered new methods for designing internal control systems for large scale business and financial processes, through projects for internationally known clients. Today he is well known as an expert in uncertainty and how to deal with it. more |
