Utilizing Zero-Based Budgeting to Build Infrastructure and Scale Quickly

Lorman Education Services
Training overview
Professional Course
Self-paced Online
1 hour
From 149 USD

Start dates
149 USD
Start anytime

Course description

Utilizing Zero-Based Budgeting to Build Infrastructure and Scale Quickly

Learn how to optimize zerobased budgeting and understand the pitfalls you should guard against.

Zerobased budgeting has catapulted into the spotlight as a radical way of reengineering the general ledger and a formidable tool in the battle against bloat for established businesses. But, realistically, how do you implement it? Is it a viable option for all industries? What are the pitfalls you should guard against, and how do you optimize it for your business? In this practical course, you will learn the broad applicability of zerobased budgeting, not just as an austerity measure but as an enabler of innovation. Learn reallife examples from its usage within a fastgrowing global technology company with aspirations of becoming the leader in endtoend omnichannel solutions and software.

Who should attend?

This live webinar is designed for purchasing managers, material managers, presidents, vice presidents, business owners and managers, CFOs, controllers, accountants, contract administrators, buyers, and project directors.

Training content

  • Create an Enterprise-Wide Ownership Structure That Drives Financial Accountability Across the Businesses
  • Approach the Definitions for Every Cost in the Business
  • Reconsider Your Spend Guidelines
  • Redefine Procurement and Consider Incentive Changes
  • Use New Tools for Tracking and Budgeting
  • Prioritize Software Development, Marketing, People, and Innovations Through the Zero-Based Budgeting Method

Certification / Credits

Credits: ISM ,CPE

Learning Objectives

  • You will be able to identify how to create an enterprisewide ownership structure that drives financial accountability across the businesses.
  • You will be able to describe how to prioritize software development, marketing, people, and innovations through the zerobased budgeting method.
  • You will be able to review how to reconsider your spend guidelines.
  • You will be able to identify how to redefine procurement and consider incentive changes.

About Lorman Education Services

Lorman Education Services - Live and On-Demand Courses

Lorman Education Services is a leading provider of online professional development and corporate training for organizations and individual professionals. For more than 30 years, Lorman has delivered relevant, high-quality, professional-level courses that cover a broad range of business and technical...

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Contact info

Lorman Education Services

Lorman Education Services
2510 Alpine Road
54702 Eau Claire Wisconsin

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