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 107

Zero Based Budgeting Goal Budgeting Training 107

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 127

Zero Based Budgeting Goal Budgeting How To 127

Harvard Business Review

MARCH 13, 2019

They also discuss Kraft Heinz’s controversial zero-based budgeting approach to management. Youngme, Felix, and Mihir debate how well Airbnb is managing growth amid backlash from cities like New York City.

Zero Based Budgeting 10

Zero Based Budgeting Budgeting Management Strategy 10

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 13, 2017

We recommend zero-based budgeting and planning to make the choices clearer. This also helps get over the dilemma that companies often face when they are making cuts: Should they eliminate the work and then reduce the budgets that allowed these costs, or should they shrink the budgets to squeeze out the unnecessary work?

Zero Based Budgeting 15

Zero Based Budgeting Organization Budgeting How To 15

Harvard Business Review

SEPTEMBER 23, 2015

Using Moore’s Law , zero-based budgeting would call for technology spending to fall each year by about 30%; in most companies spending goes up by at least 5% each year. It’s often focused on the competitive environment — used to reassure management that it is not falling behind rivals.

Technology 8

Technology Zero Based Budgeting Banking CIO 8

Harvard Business Review

MARCH 26, 2012

Zero-based budgeting is one such technique, but it is a time-consuming approach that cannot be used systematically. If we can be "anchored" by such obviously irrelevant inputs, imagine the gravitational attraction of highly relevant numbers, such as this year's outcomes when discussing next year's targets.

Budgeting 12

Budgeting Zero Based Budgeting Benchmarking McKinsey 12