Like everything I've ever seen from McKinsey, this was pointless doublespeak. 2 different people literally asked the question, "What is ZBB?" and then proceeded to not answer it. At least I didn't have to watch half of my coworkers get laid off and the other half quit because of their BS this time.
So basically, it stifles innovation, kill any investment for future growth, and creates a culture of constant psychological stress among every employee that their job is incredibly precarious leading to increasing velocity in revolving doors resulting in a constant retraining process and instability...driving up costs....
When you break it down to its most simplistic form... you're spot on. It can be a very dangerous dynamic in budgeting. It can, however be beneficial to a company that emphasizes employees retention, satisfaction, and growth. #But capitalism is #killing that type of management.
@@aishashdaifat186 I'm sorry I'll have to research that. I've never heard of zero employment contract. I've heard of zero hour contract. But I'll research it.
Exactly. They ask the rhetorical question, "Why is it the CFO who needs to be be the police officer in the company with regard to financial management" . The answer is that *that is the CFO's job*. If everyone has to constantly justify their own resources in the company, they have less time to focus on their division of output
@@YourLocalGP "Because the guy training cash register jockeys doesn't have time to worry about how much the organization spent on mop buckets in fiscal Q4 of last year, and doesn't get paid to do so. So the CFO needs to do what they're paid to do..."
