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‫When seeking to align your company of projects with a zero based budgeting strategy, it's best to keep

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‫in mind the main principles or best practices in order to be successful and zero based budgeting. Communication,

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‫the vision and new financial approach should be shared with all employees, not only the leaders in

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‫the company. Honing in on the micro sessions by regions or departments to help employees understand the

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‫company's goals and timelines to adopt the new approach helps with the buy in approval and the success

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‫rate.

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‫The approach beyond financials alongside implementing a zero based budgeting strategy.

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‫Companies must look at other factors which can reduce costs along the way.

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‫Some of the major companies who have used zero based budgeting not only shut down locations, but they

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‫also sought after digital technology to increase efficiency.

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‫This can have an impact on the number of employees and resources used internally and externally.

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‫Identifying the low hanging fruit.

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‫Locating the quick win is a great place to start with, introducing a new strategy which projects are

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‫up for renewal and have had trouble with their budgets in the past.

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‫Think about ways to round up and train a team on the new approach may be able to implement and showcase

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‫improved metrics.