Abstract
Over the past decade or so, many firms have invested huge sums in IT networks, process reengineering, and a whole raft of management tools including EVA, balanced scorecards, and activity accounting in their attempts to become more lean, adaptive, and decentralized. But the results have been discouraging. Many initiatives have fizzled then faded. Others have taken root but have not become part of the mainstream goal setting and measurement system. The real reason for this lack of success is not well understood. It is the power of the budgeting process to act as a protective shield for the command and control management culture that is the problem.
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© 2003 Springer Fachmedien Wiesbaden
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Hope, J., Fraser, R. (2003). The Time Has Come to Abandon the Budget. In: Schäffer, U. (eds) Budgetierung im Umbruch?. Controlling & Management, vol 1. Gabler Verlag, Wiesbaden. https://doi.org/10.1007/978-3-663-07880-7_11
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DOI: https://doi.org/10.1007/978-3-663-07880-7_11
Publisher Name: Gabler Verlag, Wiesbaden
Print ISBN: 978-3-409-12424-9
Online ISBN: 978-3-663-07880-7
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