Rewriting the Organization’s DNA
BCG helped a global biotech firm achieve $1B in savings and reduce its structural costs by 20%. Here’s how.
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Zero-based budgeting supports large-scale transformation by freeing up resources to drive growth and innovation. BCG’s zero-based budgeting consultants help clients anchor this approach in a culture of cost-consciousness, delivering clear benefits.
Zero-based budgeting is about more than deploying one-time cost-reduction strategies. It’s about using facts to decide how to liberate resources and make smart choices about where to allocate them. Zero-based operations deliver maximum value when they are tailored to an organization’s unique circumstances and embraced by people throughout the business.
BCG helped a global biotech firm achieve $1B in savings and reduce its structural costs by 20%. Here’s how.
Read the full story here
A powerful cost transformation saved a global beverage giant $310M and unlocked $1.1B for future opportunities. Here's how.
Read the full story here
A large oil and gas company wanted to instill cost discipline into its organizational culture as part of a broader transformation. By helping the client apply zero-based budgeting across multiple business lines, we enabled the company to identify up to $300 million in total value unlocked through new ways of working.
BCG’s zero-based budgeting consultants and industry experts partner with leading companies to uncover inefficient spending and develop solutions for accelerating growth and transformation. Here are some of our leaders on this topic.
ZBT can do much more than inject cost discipline—it can help companies maintain their strategic momentum even amid difficult economic conditions.
The best approach to zero-based transformation comes from treating all spending as investment and making the CFO a key strategist for generating value.