Aleron Impact Webinar: Zero-Base Budgeting
Aleron presents a webinar on zero-based budgeting for the social sector
Click here to watch the recorded session
Every organisation in every sector is having to fundamentally rethink their business models to ensure financial sustainability and resilience, whilst maintaining service delivery, reach and impact.
Zero-based budgeting (ZBB) is a way to capture operational efficiencies, stimulate innovation, and boost performance. It’s an approach that helps rigorously drive spend transparency, operational optimisation and for social sector organisations, put money back into core purpose activities .
Hosted by social impact consulting experts Aleron, this free webinar aims to enable participants to gain a robust understanding of the ZBB process, highlight the multiple benefits of ZBB, from sustainable efficiencies to new ways of working, and help demonstrate how it could work for your organisation. It will also provide an opportunity to explore a case study together with the CFO of the British Red Cross.
About zero-based budgeting
Challenging our ways of working and cost structure is a pivotal and critical process for every organisation. Due to the economic fallout of the pandemic, every organisation in every sector is having to fundamentally rethink business models to ensure financial sustainability and resilience, whilst maintaining service delivery, reach and impact.
Zero-based budgeting (ZBB) is a tried and tested best practice methodology used most commonly in the private sector, designed to capture operational efficiencies, stimulate growth, and boost performance. ZBB relies on evidencing future demand rather than adjusting based on past spend. The organisation assesses and evidences resource requirements and demands based on current needs, rather than past spend and performance. It’s an opportunity to drive spending visibility and encourage a culture of cost discipline and flexible reallocation of resources, to bring about the greatest outcomes.
The webinar aims to:
Discuss the multiple benefits of ZBB, from sustainable efficiencies to cultural change
Gain a better understanding of the process and how it could work for your organisation
Explore a case study together with the CFO of the British Red Cross