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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

We recommend zero-based budgeting and planning to make the choices clearer. This also helps get over the dilemma that companies often face when they are making cuts: Should they eliminate the work and then reduce the budgets that allowed these costs, or should they shrink the budgets to squeeze out the unnecessary work?