McKinsey Insights: Zero-Based Budgeting

video start on phone
Image: iStock

Adopting zero-based budgeting enables reducing costs and reallocating resources by leveraging four levers: processes, system improvements, changes in the organizational structure and better employee incentives. In this video, Kyle Hawke, a McKinsey Partner in Washington DC, talks about the Firm's main discoveries on this theme.

Suggested Articles

Deloitte Private's 2019 global survey of private company executives

It may be the little things standing in your way

The export-reliant city state expects its key outward-oriented sectors to slow this year while the central bank said its current policy stance “remains…