Strategic Cost Reduction: The book may provide strategies for cost reduction that go beyond traditional methods and involve creative, innovative approaches.
Efficiency Improvement: Expect insights into how managers can identify and implement efficiency improvements across various aspects of the organization.
Cost-Benefit Analysis: The importance of conducting thorough cost-benefit analyses before implementing cost-cutting measures might be emphasized.
Employee Involvement: The book may discuss ways to involve employees in the cost-cutting process, fostering a culture of cost-consciousness and innovation.
Technology Optimization: Insights into leveraging technology to streamline processes and reduce costs could be a key focus.
Supply Chain Management: Expect discussions on optimizing the supply chain to reduce costs while maintaining or improving quality.
Innovative Solutions: The book may highlight real-world examples of organizations that have successfully implemented innovative solutions for cost reduction.
Strategic Prioritization: Discussion on how to prioritize cost-cutting initiatives in alignment with overall strategic goals and objectives.
Risk Management: The importance of managing risks associated with cost-cutting initiatives might be addressed to ensure long-term sustainability.
Continuous Improvement: The book could emphasize the need for a continuous improvement mindset, encouraging managers to consistently seek ways to enhance efficiency and reduce costs.
Language | English |
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ISBN-10 | 9780070530935 |
ISBN-13 | 9780070530935 |
No of pages | 288 |
Font Size | Medium |
Book Publisher | Tata McGraw-Hill Publishing |
Published Date | 01 Jan 2003 |
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A Manager's Guide To Creative Cost Cutting presents specific ways that companies can reduce costs without reducing staff, along with implementation plans and real-world case studies and examples. Concise and compelling, it shows today's leaders how to better leverage resources to control spiraling costs while creating a sounder, more stable work environment. Featuring 101 techniques for executives to reduce expenses and expand profits, without disrupting workers' lives and deep-sixing morale, this unique and easy-to-read guidebook : Shows how to uncover hidden costs and then reduce or eliminate them, Helps readers overcome 21 common cost-reduction prohibitors, Highlights real-world examples, from Intel's unpaid leave to Goodyear's debt negotiation.