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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. Position the model as a second anchor. Many management techniques attempt to overcome this challenge. Now you can use the model's output, not to make decisions, but to challenge the status quo.

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

Harvard Business Review

Someone needs to take control, and CIO''s are in an ideal position to mandate the structure, direction, resources, and accountability necessary to achieve coherent governance of information assets. If the prospect of tackling the legacy problem is daunting, consider another finance-inspired concept: zero-based budgeting.

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

Harvard Business Review

For example, large biopharma companies compete in many categories and tend to accumulate an array of follower positions. We recommend zero-based budgeting and planning to make the choices clearer. This is why we find a zero-based approach preferable. But that drags down shareholder returns.