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

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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.

 

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