Save to grow — The new normal in cost reduction
Despite overall economic and business growth, most companies are still planning cost reduction actions. Yet half of companies report failing to meet cost reduction targets. How can companies create sustainable cost savings while growing the business?
In this Driving Enterprise Value Dbriefs webcast, Save to grow — The new normal in cost reduction, held on May 15, 2013, Omar Aguilar, Sheila Smith and Shashi Yadavalli discussed:
- Factors, approaches, actions and targets relating to recent enterprise cost reduction initiatives.
- Barriers preventing companies from achieving their cost reduction goals, including change management and implementation challenges.
- Recent lessons learned, including setting realistic goals, teamwork and effective communication.
- Looking ahead, how companies intend to pursue tactical cost reduction efforts.
Watch the Dbriefs webcast to hear results from Deloitte's Third Biennial Cost survey and learn how companies are implementing effective enterprise cost management strategies.