A new book from Accenture explains how a 'zero-based' mindset can help any company achieve startup speed at enterprise scale

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Here are the strategies you need to know to balance operating a company with growing it in a startup-type way.

Today's companies struggle to balance core business operations while funding the development of new business models that stoke the engines of future growth.In their book "The Big Zero," Accenture's Kris Timmermans and Chris Roark provide a strategy they've dubbed "ZBx" that creates a culture of innovation, allowing companies to achieve startup speed at enterprise scale.

The Big Zero: The Transformation of ZBB into a Force for Growth, Innovation and Competitive Advantage," ZBx also creates unprecedented visibility to expense and cash flow across the entire organization. It helps align the business with operations, procurement and finance, ensuring consistent data that allows an integrated view of how much is spent, by whom, and on what. With that information, companies can better identify tangible cost reduction opportunities through better price negotiations, more competitive consumption policies and improved operational efficiency.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chipotle’s CEO explains how his company achieved a surprising comeback that has sent its stock rocketingChipotle’s stock tanked after a serious of illness outbreaks and other challenges. With shares soaring, the company’s CEO explains how the turnaround is...
Source: MarketWatch - 🏆 3. / 97 Read more »