Zero-Based Budgeting (ZBB) is making a comeback and has made it to the top of the list of most adopted management tools among executives in leading global organizations. As we enter an unprecedented era of economic unpredictability, disruptive technologies, globalization and fierce competition, companies are increasingly finding themselves in search of money to invest in new initiatives which have caused a resurgence in ZBB as a tool of choice among executives.The last time anyone wrote about the subject was in the 1970s. Does this method still hold ground? Are companies using ZBB in the same manner they used to as in the '70s? Not exactly. Companies that are simply joining the herd and inappropriately adopting the approach as a one-time fix and a cost-cutting tool are disrupting and crippling operations while facing a huge internal backlash.ZBB is a way of life! What was once used as a scary cost-cutting tool in the '70s has now been revamped as a framework for replacing the once-a-year budgeting process with continuous business monitoring, with ZBB being adopted to drive efficiency and reallocate resources to unleash hidden values and fuel growth. Companies are seizing this opportunity and are adopting the zero-based method to rethink the status quo.This book covers the entire spectrum of the "Zero-Based" approach and illustrates how ZBB is being adopted not as a one-time fix but as an integrated change management tool that optimizes usage of resources across the value chain and instills accountability for cost across the entire organization.Adopting ZBB is a cultural shift and requires the adoption of "Zero-Based Thinking" across the organization. You should buy this book whether you are contemplating reinventing your existing budgeting process or you are already working on a ZBB initiative and need to make sure you are on the right track. If you've never heard of ZBB, you should buy this book as the cost of not knowing is not zero-based.

Monograph on zero-base budgeting as a practical management planning tool for evaluating costs and improving profitability - outlines the procedures of zero-base budgeting, describes its use in establishing budgetary priorities, improving efficiency and reducing budgets, and includes modifications needed for specific requirements. Diagrams and statistical tables.

Do you want to achieve startup speed at enterprise scale? Growth. It's what every company strives for. But it's become more and more elusive as companies struggle to hit their projected growth rates in an increasingly competitive market. While zero-based budgeting (ZBB) has been wielded for decades to cut costs, it falls short when it comes to spurring growth. But a zero-based mindset (ZBx) does that and more. ZBx facilitates forensic oversight into resource allocation that funnels savings back into growth initiatives and encourages new sources of innovation. The Big Zero shows how a ZBx approach focuses on agility over austerity, visibility over guesswork and the future over the past to fuel growth and competitiveness.

If the very thought of budgets pushes your sanity over the limit, then this practical, easy-to-use guide is just what you need. Budgeting Basics and Beyond, Third Edition equips you with an all-in-one resource guaranteed to make the budgeting process easier, less stressful, and more effective. Written by Jae Shim and Joel Siegel, the new edition covers Balanced Scorecard, budgeting for nonprofit organizations, business simulations for executive and management training, and much more!

This best-selling nuts-and-bolts workbook, now in its second edition, has become the gold standard for nonprofit managers and boards who must work through the budget cycle. The book offers practical tools and guidance for completing each step of the budgeting process. Designed to be comprehensive and easy to use, The Budget-Building Book for Nonprofits provides everything budgeters and nonfinancial managers need to prepare, approve, and implement their own budgets. Includes new chapters on Zero-Based and Capital Budgeting as well as an accompanying website with spreadsheets, worksheets and a new budget-building software, the CMS Nonprofit Budget Builder, designed to help you implement the concepts in the book. The software includes an expandable standard chart of accounts (COA) and will aid in building, organizing, tracking and planning budgets.