Question: How can organizations ensure a successful implementation of Zero Based Budgeting? Select all that apply. Communicate the rationale and benefits of the approach clearly to
How can organizations ensure a successful implementation of Zero Based Budgeting? Select all that apply.
Communicate the rationale and benefits of the approach clearly to all stakeholders, and address any concerns or resistance upfront.
Provide training and support to managers on how to analyze their activities, prioritize their expenses, and build compelling business cases.
Make it a onetime exercise, to minimize disruption and ensure that managers don't become fatigued or disengaged over time.
Set realistic expectations about the time and effort required, and ensure that adequate resources are available to support the process.
Use a phased approach, focusing on one department or business unit at a time, rather than trying to implement the system across the entire organization at once.
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