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Executing Cost Saving Strategies

Date: Wednesday, January 23, 2019
Time: 1:00 - 2:30 pm EST

Sponsored by Lorman Education Services


Registration - Live Webinar Only: $199.00

Registration - Live Webinar Plus CD Recording: $268.00
 

Gain insight into what it takes to identify potential cost savings opportunities for your company.

Zero-Based Budgeting has catapulted into the spotlight as a radical way of re-engineering the General Ledger and as a formidable tool in the battle against bloat for established businesses.

But, realistically, how do you implement it? Is it a viable option for all industries? What are the pitfalls you should guard against, and how do you optimize it for your business? In this practical topic, you will learn the broad applicability of Zero-Based Budgeting, not just as an austerity measure, but as an enabler of innovation.

You will learn real-life examples from its usage within a fast-growing global technology company with aspirations of becoming the leader in end-to-end Omni channel solutions and software.

Learning Objectives:

  • You will be able to identify how to create an enterprise-wide ownership structure that drives financial accountability across the businesses.
  • You will be able to describe how to prioritize software development, marketing, people, and innovations through the Zero-Based Budgeting method.
  • You will be able to review how to reconsider your spend guidelines.
  • You will be able to identify how to redefine procurement and consider incentive changes.
This Live Webinar Covers These Hot Issues:
  • Create an Enterprise-Wide Ownership Structure That Drives Financial Accountability Across the Businesses
  • Approach the Definitions for Every Cost in the Business
  • Reconsider Your Spend Guidelines
  • Redefine Procurement and Consider Incentive Changes
  • Use New Tools for Tracking and Budgeting
  • Prioritize Software Development, Marketing, People, and Innovations Through the Zero-Based Budgeting Method

Credit Information (Sponsored by Lorman Education Services):

  • CPE
  • ISM
  • NASBA

For Detailed Credit Information page click here

Only registered attendee will receive continuing education credit.

Faculty

David Feierstein, David Feierstein - Independent Consultant

  • Joined NCR Corporation in February 2016 leading the newly formed Transformation Office and Zero-Based Budgeting initiative
  • August 2013 to January 2016 David was the Global Head of Zero Based Budgeting, CAPEX and Working Capital at Kraft Heinz and was instrumental in the Kraft integration and Heinz transformation delivering over $550 million in SG&A cost savings during his tenure
  • July 2011 to August 2013 David worked at Goldman Sachs Capital Partners, the private equity arm of Goldman Sachs and from July 2007 to July 2011 at J.P. Morgan’s Investment Bank in the Mergers & Acquisitions and Natural Resources groups
  • David continues to serve as an advisor to multiple companies including those owned by large private equity funds on the topic of Zero-Based Budgeting. David currently lives in New York City

(Not available outside the US)