In this article, Michael Huthwaite shares three steps to consider when implementing ZBB. Modern ZBB is not a slash-and-burn exercise. It is about applying the optimal cost structure to the right parts of the business in the right stages of maturity. It is about maintaining and growing revenue while cutting out areas with excess spending.
This article provides an overview of the topics and cases presented and discussed by the expert panellists in the webinar "A New Age of Zero-Based Budgeting" and the results of our polling questions.
Check out the recording of this digital event to learn the latest trends and developments to successfully implement ZBB.
Join the Digital UK & Ireland FP&A Circle on the 23rd of November at 4:30 PM GMT to learn how to successfully implement ZBB from senior practitioners and thought leaders.
This paper covers the findings of our sixth annual FP&A Trends Survey, where we share the trends and challenges facing FP&A departments around the world. The survey was performed at a time where organisations were looking to recover from the pandemic when many were trying to figure out how to operate in a changed business world.
Zero Based Budget has seen a resurgence over the last few years, especially during the pandemic. As organisations feel the effect of the pandemic, they are turning more and more to using Zero-Based Budgeting (ZBB) to ensure survival.