Harvard Business Review

JUNE 30, 2016

Zero-based budgeting (ZBB) is elegantly logical: Expenses must be justified for each new budget period based on demonstrable needs and costs, as opposed to the more common method of using last year’s budget as your starting point, then adjusting up or down. We believe the exact opposite to be true.

Zero Based Budgeting 9

Zero Based Budgeting Budgeting Supply Chain Company 9

Harvard Business Review

SEPTEMBER 23, 2015

Of course, this leaves too many companies vulnerable to technology-fueled disruption. To ensure that corporate governance includes sufficient oversight of technology, I propose companies follow the following principles: Hire a techie to your board. This leads to the predominance of the lowest common denominator.

Technology 8

Technology Zero Based Budgeting Banking CIO 8

Harvard Business Review

MARCH 26, 2012

Zero-based budgeting is one such technique, but it is a time-consuming approach that cannot be used systematically. Companies that apply it find that it focuses debate where debate is really needed, and helps reduce the inertia that anchoring induces. Many management techniques attempt to overcome this challenge.

Budgeting 10

Budgeting Zero Based Budgeting Benchmarking McKinsey 10

Harvard Business Review

JULY 23, 2013

Of course, we are reminded during emergencies, like Hurricane Sandy, the "bet the company" lawsuit, or — dare I mention — the data security breach. There are those who still believe that technology alone solves all problems, thus policy-based governance is unnecessary and there is no downside to information growth.

CIO 8

CIO CFO Zero Based Budgeting Chief Technology Officer 8

Harvard Business Review

MARCH 13, 2017

That’s demoralizing for employees, and a waste for companies, which badly need the full energy and commitment of all their workers. By attacking the root causes of organizational drag, companies can eliminate unnecessary work, reenergize the workforce and, at the same time, put the business on a better course. Related Video.

Zero Based Budgeting 13

Zero Based Budgeting Organization Budgeting How To 13