Reducing costs and increasing efficiency
In 2011, facing a large deficit, the Canadian government announced an effort to cut spending and increase efficiency via a comprehensive one-year Strategic and Operating Review (SOR) that asked more than 60 departments to propose cost reduction measures. Deloitte Canada assisted in the development of an analytical framework to assess these proposals. The framework greatly reduced the committee's review time and ensured that spending goals were met. The Canadian member firm also provided insights on best practices and offered an independent perspective on cost-cutting measures. As a result of the review, the committee proposed a range of cost reductions realized from improved productivity and performance, including savings from increased use of technology, standardization of systems, and service consolidation.