Insight To Action Inspirational Insights Podcast

Robin Anne Fitzgerald is from Newfoundland, Canada and she has been working in Norway for years for Eidsiva Energi AS, one of 270 companies serving Norway’s energy needs. Inspired by the Beyond Budgeting Round Table discussions she led her company to get rid of the budgeting process. The way she handled the process offers lessons for anyone responsible for implementing what appears to be a radical decision. Debunking the myth that change is hard, long and difficult we talk about why the way she designed the process worked to give more confidence and greater value to the Board.We talk about:The four reasons why budgeting was working against company profitability.What they use instead of budgets to monitor performance.What shift in focus results from removing budgetingHow she pitched the idea to the board then implemented the decision without creating resistanceTips for companies thinking about doing things differently but having trouble getting started.Dawna Jones, host of the Insight to Action podcast, is bus