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Zero-Based Budgeting - A Proven Approach to Cost Management Webinar

presented by Lorman Education Services
View the Lorman Education Services

Summary

Zero-Based Budgeting - A Proven Approach to Cost Management

Workshop Description/Agenda

Learning Objectives
Learning Objectives * You will be able to define what ZBB is and how it differs from traditional cost management approaches. * You will be able to recognize opportunities to deploy ZBB. * You will be able to discuss the key challenges in implementing ZBB and how to mitigate them. * You will be able to explain how ZBB unlocks value in an organization.

Benefits
Gain a better understanding of zerobased budgeting and find out if it is the right fit for your company. Many businesses today are facing increasingly challenging competitive environments and are suffering from uncompetitive or unresponsive cost structures that no longer respond to traditional cost management techniques. These companies are increasingly turning to zerobased budgeting (ZBB) to better manage costs and to unlock the ownership culture required to succeed. This topic will provide you with a rich understanding of ZBB, a proven cost and culture changing tool, explain how ZBB unlocks value within an organization, and describe what is required to successfully implement ZBB in your organization.

Agenda
What Is Zero-Based Budgeting?
ï ZBB vs. Traditional Cost Management
ï Results Track Record
ï Debunking the Myths

How Does ZBB Unlock Value?
ï ZBB Tools and Enablers
ï Performance Management
ï Organizational Engagement and Ownership Culture

What Are the Challenges of Successfully Implementing ZBB?
ï Lessons Learned From Past Implementations
ï Tuning the Dials for Your Organization

Faculty
David Feierstein with Ronin Equity Partners, and Jesse Yao with Ronin Equity Partners

Credits
AIPB ,ISM ,CPE ,Additional credit may be available upon request.

Who Should Attend

This live webinar is designed for purchasing and procurement professionals, buyers, material managers, contract administrators, project managers, controllers, accountants and bookkeepers.

Additional Information

Training Provider: Lorman Education Services

Course Topics: Real Estate Training > Real Estate Fundamentals

Training Course Summary: Zero-Based Budgeting - A Proven Approach to Cost Management

Live Webinar Date/Time