How to really benefit from spending cuts?
How to make budget cuts without jeopardizing the future?
In the face of the economic crisis, the temptation is strong to undertake massive budget cuts. Are they not the only way to respond to the inflation of costs and salaries, to prepare for a drop in purchasing power and therefore an expected decrease in demand? But beware: experience shows that putting brutal pressure on budgets often has a high cost, to be paid over many years. This is the time to remind ourselves of some points of vigilance.
A Look at the News
Learn cost cutting from low-cost businesses
Low-cost is often assimilated with cheap prices and cheap quality to match. Wrongly so! This dramatically innovative business model has generated major savings. Could low-cost offer new inspiration to improve the profitability of your organization?
Creating value in an interconnected world
In an unpredictable environment, the key to agility is not necessarily possessing proprietary resources, but being able to mobilize those required when needed.