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DOCUMENT DESCRIPTION

For most organizations, Cost Reduction efforts don’t produce meaningful or lasting results. This is because they do not take a strategic approach to Cost Reduction. This framework first clarifies the meaning, rationale, and importance of the strategic approach to Cost Reduction.

Then, we delve into the 3 pillars to developing a Sustainable Cost Reduction Program:

1. Adopt a CEO Mindset
2. Develop Institutional Capabilities
3. Create Sustainability

Organizations in every industry, including high end products, can leverage Sustainable Cost Reduction programs to gain a Competitive Advantage.

Additional topics discussed include Continuous Improvement Mindset, Leadership Actions, Competitive Advantage, among others.
This deck also includes a set of slide templates for you to use in your own business presentations.

Got a question about the product? Email us at [email protected]. If you cannot view the preview above this document description, go here to view the large preview instead.

Source: Pillars of Sustainable Cost Reduction PowerPoint document

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This business document is categorized under:
Business Framework Primers

File Type: PowerPoint (ppt)

Tag(s): Cost Reduction, Cost Management

Number of Slides: 20

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Upload date (first version): Nov 9, 2017

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