Why some organizations go “beyond budgeting”

Abstract The vision of going “beyond budgeting” is to transform the performance potential of an organization. This is done by freeing the organization from the performance trap of annual budgets and, at the same time, releasing the full power of people in the front lines. It's a radical approach, but it's been proven, and the potential benefits are both huge and enduring. © 2003 Wiley Periodicals, Inc.