Zero-Based Budgeting Approach

Management Accounting and Cost Control · 5:32

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Lyrics

[Verse 1]
Every January brings the same old song
Copy last year's numbers, maybe add along
Five percent increase across the board they say
But hidden waste just grows from day to day
Traditional budgets build on what we've done
Never questioning if costs should still run
Incremental thinking keeps the bloat alive
Zero-based approach will help us truly thrive

[Chorus]
Start from zero, justify each line
Every dollar spent must be defined
Build it up from nothing, make it tight
Zero-based budgeting gets it right
No assumptions from the years before
Every expense walks through the door
Prove your worth or hit the floor
Zero-based is so much more

[Verse 2]
Department heads must make their case today
Why they need resources, what's the ROI they'll pay
No more riding on last year's success
Every program faces the review stress
Activity-based costing shows the way
Which processes add value, which decay
From the ground up we construct our plan
Eliminating waste wherever we can

[Chorus]
Start from zero, justify each line
Every dollar spent must be defined
Build it up from nothing, make it tight
Zero-based budgeting gets it right
No assumptions from the years before
Every expense walks through the door
Prove your worth or hit the floor
Zero-based is so much more

[Bridge]
Priority ranking in decision packages
Sort them high to low, eliminate the baggage
Management reviews each funding level
Resources allocated like a careful revel
Time consuming yes, but worth the fight
Comprehensive cost review brings insight
Cut the fat and keep what matters most
Zero-based gives you the better boast

[Verse 3]
Incremental budgets hide inefficiency
Zero-based reveals with crystal clarity
Fresh perspective on every single cost
Shows you clearly what would be lost
Cultural change throughout the organization
Every manager needs justification
Bottom-up analysis tells the tale
Zero-based approach will never fail

[Chorus]
Start from zero, justify each line
Every dollar spent must be defined
Build it up from nothing, make it tight
Zero-based budgeting gets it right
No assumptions from the years before
Every expense walks through the door
Prove your worth or hit the floor
Zero-based is so much more

[Outro]
When the budget season comes around
Zero-based will keep you on solid ground
Build from scratch and make it clean
The leanest budget you've ever seen

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