Article 2, Volume 3 Issue 1:

Budgeting Beyond Budgeting: A Tool for Management, Surprise Avoidance, Trust Creation and Organizational Learning


Josep Maria Rosanas – (IESE)

Received October 29, 2016; accepted November 13, 2016.


While for quite a long time the budget was considered one of the crucial management tools, it has always been subject to criticisms, which have become stronger in the last couple of decades, under the commercial name of “Beyond Budgeting”. In this article, we review the history and foundations of budgeting, to show how typically, the criticisms to budgeting have to be addressed to a bad management style, and not to the technique itself. Then, I use an example to show how budgets can be used to the firm’s advantage in many fields, but mainly in being able to avoid unpleasant surprises, create trust between the different hierarchical levels of the firm, and enhance learning in the positive sense. This allows the firm to avoid vicious circles that are often found in the practice of budgeting because of bad management, not because of the budgets themselves.

Si bien, durante mucho tiempo, el presupuesto se consideró una de las herramientas de gestión cruciales, siempre ha sido objeto de críticas, que se han fortalecido en las últimas décadas, bajo el nombre comercial de “Beyond Budgeting”. En este artículo, revisamos la historia y los fundamentos de lo presupuestos, para mostrar cómo, típicamente, las críticas a los presupuestos deben dirigirse a un mal estilo de gestión y no a la técnica en sí. Luego, uso un ejemplo para mostrar cómo los presupuestos se pueden utilizar como ventaja de la empresa en muchos campos, pero principalmente para evitar sorpresas desagradables, crear confianza entre los diferentes niveles jerárquicos de la empresa y mejorar el aprendizaje en un sentido positivo. Esto permite a la empresa evitar círculos viciosos, que a menudo se encuentran en la práctica de presupuestar debido a una mala gestión, no a causa de los presupuestos mismos.


Rosanas, J. M. (2016). Budgeting Beyond Budgeting: A Tool for Management, Surprise Avoidance, Trust Creation and Organizational Learning. European Accounting and Management Review3(1), 24-44.



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