In this article, we will explore the concepts of Zero-Based Budgeting and Zero-Based FP&A. The word “Budget” is not associated with flexibility and dynamics. Zero-Based Budgeting has started to be evolved to “Zero-Based Everything”:
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FP&A Insights is a collection of useful case studies from leading international companies and thought leadership insights from FP&A experts. We aim to help you keep track of the best practices in modern FP&A, recognise changes in the ever-evolving world of financial planning and analysis and be well equipped to deal with them.
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As organisations continue to adapt to the world of "Unknown Unknowns", the FP&A role has become increasingly more important. FP&A teams are quickly adapting and developing their new "playbooks" to prepare for the future.
Zero-Based Budgeting (ZBB) has been around for a while but not all organisations use it. In this article, I present a high-level overview of ZBB implementation and give some considerations.
Critical and committed - these are two important qualities for an FP&A professional. How can they be cultivated? Find out in this article.
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