Gain valuable insight on how to strategically implement zero-based budgeting at your enterprise, why Capex is the perfect place to start if you haven’t done so already, and how the principles of ZBB are central to solid capital planning and management.
Topics Covered:
- ZBB: the basics: what it is, how it works, and the pros and cons
- How and why large enterprises often struggle with the concept of zero-based budgeting, despite their belief that (in theory) in represents a best practice they should be following
- Why Capex is the perfect place to start (vs. Opex) if you’re looking to strategically implement zero-based budgeting process at your enterprise
- How successful companies have used the pillars of zero-based budget -- project prioritization and selection, consistent application of evaluation criteria, strategic capital allocation and cash management, and tight data integration -- to improve the entirety of their capital planning function
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