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[answered] Background Read the statoil case in the course textbook (pa


Background

Read the statoil case in the course textbook (pages 487-502).

Question

a) Compare Statoils "Ambition-to-Action" system with the beyond budgeting principles. Dose Statoils management model include some additional features or fail to uphold some of the beyond budgeting principles?

b) Discuss possible reasons why the "Beyond Budgeting" approach is still relatively rare outside Europe.

c) Dose the "beyond budgeting" approach have universal applicability, or is it less applicable in some cultural and societal context? Discuss.

d) Statoil stated its "Ambition-To-Action" Journey several years ago. Briefly try to identify some organizational factors that could potentially facilitate or hinder the implementation of such management model.

 


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