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Most Helpful Customer Reviews
1 of 1 people found the following review helpful:
5.0 out of 5 stars
Great resource for budgeting,
This review is from: Zero-base Budgeting: A Practical Management Tool for Evaluating Expenses (Wiley series on systems & controls for financial management) (Hardcover)
Still the best book around to demonstrate the best principals and practices for creating non-incremental budgets. Very worthwhile read for those in the field.
5.0 out of 5 stars
Still the original classic,
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This review is from: Zero-Base Budgeting: A Practical Management Tool for Evaluating Expenses (Wiley series on systems & controls for financial management) (Paperback)
Although ZBB is somewhat less in use today than when Peter Pyhrr introduced it in this book, it has undergone a number of refinements. In the current business, economic and public budger difficulties, this deserves a re-look. Although few organizations use the process on a regular annual budgeting cycle, it remains highly appropriate every 3-5 years. Why? I've always argued it is not a process of draconian, budget cutting, gore your oxen. (Although that's what the name unfortunately suggests.) Rather it is a disciplined process of seeking out and assessing creative alternatives to do the job better, or more productively.
Sometimes this does result in less spending. But more often, it results in increased spending, but with substantially higher benefits.
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