budgeting-tool
Back to zero: Companies use 1970s budget tool to cut costs as they hunt for growth
January 30, 2017 by publisher · Leave a Comment
By Tim McLaughlin BOSTON (Reuters) – The number of U.S. companies using a budgeting tool made famous in the 1970s by former U.S. President Jimmy Carter is surging as they turn their spending habits upside down to boost profits and to re-invest in their businesses. The upswing in zero-based budgeting (ZBB) signals that a broader cross-…
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Back to zero: Companies use 1970s budget tool to cut costs as they hunt for growth