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Zero-Based Budgeting Is Not a Wonder Diet for Companies

Harvard Business Review

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.

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

Harvard Business Review

Organizations waste too much time - see how Bain helps them manage it like money in this 10-minute video slide deck. reset the budgets. We recommend zero-based budgeting and planning to make the choices clearer. This is why we find a zero-based approach preferable. Related Video.

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Why Can't a CIO Be More Like a CFO?

Harvard Business Review

They fulfill this role by delegating responsibility and establishing control systems such as budgets, directives, audits, and oversight to drive fiscal compliance. If the prospect of tackling the legacy problem is daunting, consider another finance-inspired concept: zero-based budgeting.

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