Our Agile Tales Podcast
I host the Our Agile Tales podcast with my colleague, Mun-Wai Chung. We interview a number of people that are changing the ways of working in areas like finance and HR, as well as in industries like healthcare, oil and gas, and the like.
The ten most recent episodes are below. They are available on major podcasting sites. You can click on the icons below to subscribe to your desired platform.
Our Agile Tales
Once upon a time, in an agile land, we navigate corporate levels and political waters to transform the business to be adaptable to this forever changing world. We are excited to share with you our agile journey. Enjoy our tales as we weave our stories together, sometimes with others, on our podcasts.
Welcome back to Our Agile Tales as we continue our conversation with Bjarte Bogsnes, exploring case studies from his latest book, This Is Beyond Budgeting. The book distills nearly three decades of experience challenging traditional budgeting, targets, and control-based management.
In this episode, we ask why Silicon Valley firms rarely appear in Beyond Budgeting case studies; Bjarte posits that these companies excel at technology innovation but fear management innovation, sometimes reinforced by IPO-focused CFOs, though being public is not a true barrier (Many Beyond Budgeting adopters are listed on Wall Street.)
He explains Beyond Budgeting can improve performance in both good and tough times and cites Handelsbanken’s long-term stability. The discussion covers Morningstar’s self-management and the need for enterprise-wide coherence, then Haier’s radical micro-enterprise model and rapid evolution.
Finally, Bjarte details Equinor’s (formerly Statoil) beyond budgeting journey since 2005 via “Ambition to Action,” integrating strategy, risk, actions/forecasting, indicators, and HR with a 50/50 split between “what” and “how,” emphasizing transparency, event-driven cadence, decentralized ownership, and holistic performance evaluation.
Key topics and timestamps
- 00:00 Welcome
- 01:05 Why Silicon Valley Lags in Management Innovation
- 04:11 Public Markets and Budgets
- 04:53 Boom Bust and Stability
- 06:40 Morningstar and Self Management
- 08:48 Haier Radical Micro Enterprises
- 13:00 Equinor Beyond Budgeting Origins
- 16:32 Ambition to Action Framework
- 20:11 Alignment Cadence and Transparency
- 25:37 Holistic Performance Evaluation
- 28:15 Wrap Up and Conclusion
About Bjarte Bogsnes
Bjarte Bogsnes is Chairman of the Beyond Budgeting Round Table, a former global finance executive, and a leading thinker in management innovation. He is the author of Implementing Beyond Budgeting and This Is Beyond Budgeting, showing how organizations can replace rigid, calendar-driven systems with models built on trust, transparency, and adaptability — creating companies that are both more responsive and more human.
Follow Bjarte at:
https://www.linkedin.com/in/bjarte-bogsnes-41557910/
Music: https://www.purple-planet.com
Visit us at https://www.ouragiletales.com/about