How would the introduction of beyond budgeting reduce this, Ask an Expert

Accounting

Jack Welch, former CEO of GE, has been quoted as saying, ‘The budget is the bane of corporate America. It never should have existed... Making a budget is an exercise in minimalisation. You're always getting the lowest out of people, because everyone is negotiating to get the lowest number.'

How would the introduction of beyond budgeting' reduce this problem of ‘minimalisation'?

How does beyond budgeting relate to organisational architecture?

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