thoughtLEADERS, LLC

APRIL 10, 2024

Use this common budgeting technique to set goals that are more relevant and actionable. When you’re setting goals, you can borrow a technique from a common budgeting process called zero-based budgeting. Every dollar you’re going to spend in the budget is justified.

Zero Based Budgeting 84

Zero Based Budgeting Goal Budgeting Training 84

thoughtLEADERS, LLC

JULY 21, 2021

Use this common budgeting technique to set goals that are more relevant and actionable. When you’re setting goals, you can borrow a technique from a common budgeting process called zero-based budgeting. Every dollar you’re going to spend in the budget is justified.

Zero Based Budgeting 122

Zero Based Budgeting Goal Budgeting How To 122

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

MARCH 26, 2012

In the end you raised their targets a little, but, if you're honest, you have to admit it: the budget this unit will have to deliver next year is not very different from the one they proposed at the beginning of the budget process, which in turn is not very different from the latest forecast for this year. What happened?

Budgeting 10

Budgeting Zero Based Budgeting Benchmarking McKinsey 10

Harvard Business Review

JULY 23, 2013

Patchwork attempts to mitigate or repair our broken information management processes do not get to the core of the issue. If the prospect of tackling the legacy problem is daunting, consider another finance-inspired concept: zero-based budgeting. It is ultimately up to each of us to make a difference.

CIO 8

CIO CFO Zero Based Budgeting Chief Technology Officer 8

Harvard Business Review

MARCH 13, 2017

The symptoms may seem to be minor annoyances and inconveniences that could be wiped out without much effort — too much process, too many meetings, meaningless goals, and time wasted on work that no one will ever care about. We recommend zero-based budgeting and planning to make the choices clearer.

Zero Based Budgeting 14

Zero Based Budgeting Organization Budgeting How To 14