Vice President Performance Management Development Statoil ASA
Bjarte Bogsnes has a long international career, both in Finance and HR. He is currently heading up the Beyond Budgeting implementation at Statoil, Scandinavia’s largest company with operations in 33 countries and a turnover of 130 bn USD. On Fortune 500, the company recently ranked #1 on Social responsibility and #7 on Innovation. Transparency International has named Statoil the most transparent listed company globally.
Bjarte is Chairman of Beyond Budgeting Round Table Europe (BBRT), and is a popular international business speaker and winner of a Harvard Business Review/McKinsey Management Innovation award. He is the author of “Implementing Beyond Budgeting – Unlocking the Performance Potential”, where he writes about his implementation experiences. Statoil realized that traditional leadership and management practices no longer work in today’s competence organizations operating in business environments more complex, dynamic and unpredictable than ever. The company implemented innovative alternatives to traditional management, including abolishing traditional budgets and calendar-based management in favor of more decentralized, agile and human processes.