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7 No-Fail Ways to Build a Successful Cost Management Strategy

The Kini Group

After all, your human resources team costs money. Frameworks like Zero Base Budgeting can also provide detailed analysis and deep visibility into costs that typically fly under the radar. Companies often have too many resources on one project. Don’t be afraid to experiment with your resources and try new processes out. Many managers don’t like to review their operations and budgets too closely.

All Boards Need a Technology Expert

Harvard Business Review

Executive directors are usually selected for their leadership qualities; they often have experience with generalized management or leadership experience rather than narrow expertise or technical acumen. Using Moore’s Law , zero-based budgeting would call for technology spending to fall each year by about 30%; in most companies spending goes up by at least 5% each year. Corporate governance Boards Human resource management Article