Riding Out the Storm - How to Make Enterprise Cost Management Sustainable
As fears of double-dip recession loom, many companies struggle with today's turbulent economy. After years of cutbacks, what can be done to improve efficiencies and bolster growth efforts?
In this Driving Enterprise Value Dbriefs webcast, Riding out the storm – How to make enterprise cost management sustainable, held on January 18, 2012, Omar Aguilar, Principal, Deloitte Consulting LLP and John Sordillo, Principal, Reorganization Services, Deloitte FAS LLP discussed:
- How some companies are pursuing growth opportunities while still containing costs and driving efficiency.
- Keys to cost reduction, including new policies and procedures, stronger compliance mechanisms and improved forecasting, budgeting and reporting.
- Recent lessons learned, including benefits of assigning a cost czar, setting realistic goals and promoting effective communications.
Watch the Dbriefs webcast replay to learn how effective enterprise cost management relies on a delicate balance between defining cost management strategies and implementing them in a sustainable way.
The following polling questions were conducted during the Webcast: