Zero Based Budget: What is it? w/ Adanma Akujieze | Video Episode 19

October 6, 2020

For too many companies, the budgeting process looks the same every time. What were the numbers last year? Keep them the same and add some dollars for inflation. But if COVID has taught us anything, it’s that we’re all being forced to reduce spending, and that some of the things we thought were essentials pre-pandemic, we’re not missing as much these days. Adanma C. Akujieze CPA, CISA, CIA came on the CFO Weekly podcast to share her tactical thoughts in this"zero based budget" video episode, or ZBB. What is ZBB? It’s about giving every dollar a name and a purpose. About looking at your strategic objectives, and aligning your spend and business plan with them, rather than tossing money into buckets and hoping for the best. But can it work for you? Doesn’t it take longer? Isn’t it more work? Of course it is. But as Adanma says, “It’s all about short-term pain for long-term gain.” She shares how to look toward the future, and take the steps and changes necessary to get there. Is your team utilizing ZBB? Why or why not? maybe after listening to what Adanma has to say in the zero based budget video your opinion will change. Learn about our F&A solutions.

Emotional Intelligence & The High-Performing Team - [CFO Weekly] Episode 20

As we press on through the COVID pandemic, the remote work lifestyle is becoming more and more of a permane...

Why Implement Zero Based Budgeting? - [CFO Weekly] Episode 19

We’re all familiar with the yearly rounds of budgeting within our companies. But how often are we really lo...

INSIGHTS + Info

Zero Based Budget: What is it? w/ Adanma Akujieze | Video Episode 19

Previous Article

Next Article

Zero Based Budget: What is it? w/ Adanma Akujieze | Video Episode 19

Previous Article

Next Article

More Content

What background does a CFO absolutely have to have? The answer is different now than it used to be. Less CPAs are being chosen for the top spot. Is an accounting degree necessary? Listen for more.

Payroll is a complex business function that comes with minutia, and as businesses grow, payroll can get harder to manage. Many organizations are finding this out first-hand as their company grows.

Finance doesn’t look the same as it did 15 years ago. Value creation through technology, education and visual storytelling is a must. Is your finance team creating value? Find out.

What is an interim CFO, and could this be the right career path for you? With so many changes companies experience as they grow, many choose to build a team with interim executives. Find out more.

The path to becoming a corporate controller can take many different avenues. In this latest episode of CFO Weekly, we talk with Coulson Painter, VP & Controller at Caliber, who got his start in tax.

Now that 2020 is in our rearview mirror, we’re all taking stock. We’re looking back and trying to make sense of what happened over the last year, and hopefully learning some things.

As we all navigate our way through our careers in the finance world, many of us may find ourselves moving from large companies to smaller ones, or vice versa. How does the CFO role differ?

When you think of finance and accounting, storytelling probably isn't the first thing that comes to your mind. But what if storytelling was not only important but crucial to your success and your fut

There’s no way to sugarcoat it. 2020 was brutal for an overwhelming number of businesses, many of whom saw their doors close permanently as a result of the COVID-19 pandemic, especially in the retail

Careers in accounting are so varied that inevitably, CFO Weekly guests share some pretty interesting stories about their career paths. However, what about our host, Megan Weis? Listen to her story.

With 2020 finally in the rearview mirror, many of us are reflecting back on the challenges we faced over the past year with one singular thought - adaptability in leadership.

When you think of financial reporting and accounting presentations, storytelling probably isn’t the first thing that comes to mind, but this could be a key to communication and corporation in finance.

When it comes to overcoming business challenges, 2020 was the ultimate test. On this podcast, we talked with Macy Macaskill - CFO of Rockets of Awesome to talk about overcoming challenges in 2020.

Finance has become more and more strategic in driving the high-level vision and direction of companies across nearly every industry. We’ve seen a huge increase in the way that CFOs interact with and s

How do finance teams make the importance of what they do understandable to those in the operations teams? How can the teams work together to drive the strategic vision of the company? Find out here.

Remote work is the norm for so many of us these days, and although we've been at it for a while, there's still so much to learn about engaging a team without the benefits of face time. Mike Gilmartin

while there have definitely been some upsides to fully remote work, such as a more relaxed wardrobe, more time with family, there are also challenges. Learn how to balance it all and engage your team.

It’s no secret that finance roles in most companies tend to be very siloed roles. Typically, the finance team keeps mostly to themselves. But it doesn’t have to be this way.

It’s no secret that, historically, the finance roles within most organizations tend to be incredibly siloed. But it doesn't have to be this way. Get out of the silo and help your team succeed.

Mergers and acquisitions took a huge hit in 2020. In fact, M&A was down 57% in 2020 when compared to 2019. But thankfully, signs are pointing towards a gradual recovery into 2021 and beyond. What do