Zero-Based Budgeting

As organizations face shifting customer prospects, macro-economic turmoil, & technological revolution, business decisions can become more complex & consequential. Hence, zero-based budgeting becomes the ideal solution. It helps implant a growth mindset that is based on value and not cost. Simply, ZBB is an important device as it drives innovation, clarifies how to invest where it matters, & shifts your culture to have a growth mentality. This program will equip you about the entire ZBB process from start to the-end, including how to create a controlled philosophy of budgeting in your organization, techniques to analyze results, and how to increase the chances of organizational performance perfections.

Program Objectives:

• The importance of ZBB within a strategic framework and orient how to establish budgets focused on accomplishing definite goals.
• Information to build a healthy budgeting process within their organization.
• Effective variance reporting to evaluate organizational performance.
• Various functions and tools that are particularly appropriate to the budgeting process.
• Experience in planning possible ways to solve current complications and overcome challenges in budgeting procedures.
• Model appropriate funding which aligns more with the goals and strategies of the organization