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Can You "Re-Anchor" Your Next Budget Meeting?

Harvard Business Review

Zero-based budgeting is one such technique, but it is a time-consuming approach that cannot be used systematically. For simplicity's sake, we illustrate this approach using a budget discussion that focuses on setting sales targets for a number of different regions. Define fact-based, non-historical criteria.

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Your Organization Wastes Time. Here’s How to Fix It.

Harvard Business Review

Look closely, and you’ll find that most companies have stretched their brands and product portfolios to customers and markets in which they are undifferentiated and profits are weak. We recommend zero-based budgeting and planning to make the choices clearer.