Zero-Based Budgeting (ZBB) Implementation Roadmap: Unlocking the Value of Your Company
March 7-8 2018
2:00 PM - 4:00 PM Eastern Standard Time
Driving productivity and efficiency in times of lower economic growth in a rapid, disruptive and increasing global competitive environment is challenging. Financial professionals need to identify and implement new tools strategically in order to help their companies to deliver their "campaign promises" to their stakeholders. Zero-Based Budgeting (ZBB), "A New Take on an Old Method", can be deployed across multiple functional areas (Front, Middle and Back Offices) in various sectors (Financial Service, Manufacturing, Government, etc.) to fuel the profitable growth by reallocating unproductive resources to more lucrative activities. The ZBB seminar will introduce and demonstrate the ZBB model and guide the professionals through the ZBB process to identify and implement end-to end cost visibility, accountability, challenge and resource reallocation to achieve sustainable savings and deliver profitable growth.
- Discuss the need for the new mindset of ZBB Model
- Understand how to apply ZBB Models
- Determine visibility of resources
- Identify waste areas
- Develop linkage between free up capitals to growth strategies under the current environment
- Draft Pro Forma Income Statement and Balance Sheet
- Demonstrate savings sustainability and deliverable profitable growth
SpeakerJian Xiao, MBA, CPA, CGMA
Founder and CEO, Turning Point Solutions
Jian is founder and CEO of Turning Point Solutions. Turning Point provides CFO services such as planning, budgeting, accounting advisory and training to start-up, small and midsize business owners. Jian is also an adjunct professor in the Gabelli School of Business at Fordham University. Jian is a recipient of the Dean's Award for Excellence in teaching at the Gabelli School, and a nominee for the Presidential Award for Excellence in Teaching at the Zicklin School of Business, Baruch College. Prior to starting Turning Point Solutions Jian served as a Director in the Financial Management Group at Metropolitan Life Insurance Company where she managed MetLife’s International Technology financial portfolios. She partnered with CFOs, CIOs and other key stakeholders to develop best practices to drive financial results, financial analysis, long term planning and asset management.
Jian has served as a consultant to Soros Fund Management, performing a due diligence review on the Quantum Endowment Fund’s performance reporting. Jian has also held posiitons at ABN Amro, Merrill Lynch, Societe Generale and Dreyfus.