Lossed budget calculations increase profitability
Consilium Marine & Safety is a global company in the field of marine safety systems with market companies all over the world. When Carl Adam Rosenblad after the financial crisis took over as CEO of the company in 2010, it was after several years of poor earnings growth and weak growth.
In the latest issue of Entrepreneur, he tells how the company, by abandoning a heavy and time-consuming budget process, has increased the competitiveness of the business. Ekan Management's Knut Fahlén, and author of the book Beyond Budgeting in practice, gives 10 advice on the way to dynamic control without budget.
The full article can be found via the link: