question archive Case statoil: Case summary: this case describes the innovâtes even radical management systems if a company that combines majors elements of beyond budgeting and balanced scorecards into an approach called: ambition to action, the ambition to action approach involves the replace of an unitary budgeting process with three process that separate major purposes of budgeting, planning, ressources allocation and the performance evaluation
Case statoil: Case summary: this case describes the innovâtes even radical management systems if a company that combines majors elements of beyond budgeting and balanced scorecards into an approach called: ambition to action, the ambition to action approach involves the replace of an unitary budgeting process with three process that separate major purposes of budgeting, planning, ressources allocation and the performance evaluation
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Case statoil: Case summary: this case describes the innovâtes even radical management systems if a company that combines majors elements of beyond budgeting and balanced scorecards into an approach called: ambition to action, the ambition to action approach involves the replace of an unitary budgeting process with three process that separate major purposes of budgeting, planning, ressources allocation and the performance evaluation. It also involves the use key performance indicator scorecard that, interestingly do not cascade tightly from the top to the bottom of the organization. They cannot be consolidated into a corporate wide measures., and they are not even all updated at the same time, statoi approach also involves the use of relative performance evaluations where suitable external performance standard can be identified Case question : describe 3 strength and 3 weakness of the new process that statoil implemented to replace the budget. What is ont of the core values and affected the traditional budgeting process ?
