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Beyond Budgeting Case Study AES
AES Corporation is one of the world's largest global power companies, operating in 29 countries with 129 plants and over 28,000 employees. It was founded in 1981 by Dennis Bakke and Roger Sant with a mission to serve society through providing safe, clean, and reliable electricity. AES pursued worldwide expansion starting in the 1990s and went public on the stock exchange. While profit is necessary for sustainability, AES's leadership emphasizes shared values like fairness, integrity, social responsibility, and fun over profits. The company transforms newly acquired plants to its empowering and value-based culture.
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