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Disruption is causing opportunities for some players and threats for the others. In fact, disruption was considered one the most significant concerns by the CEOs in a PwC 2016 global survey, owing to low yields and stringent regulations. A significant percentage (70%) of the leaders in the survey were planning to implement a Cost Reduction initiative. But in the wake ofÂ massively disruptive marketplace, marginal efficiency savings aren't sufficient to survive let alone thrive.

The emphasis of this presentation is on Strategic Cost Reduction to help organizations plan to deliver ways to get closer to the customers, become more lean and agile, and spur innovative inÂ responding to their customers' needs. This entails focusing their resources towards Strategic Cost Reduction by stimulating growth and creating differential advantage.

This slide deck discusses the following topics related to Strategic Cost Reduction: Good Costs vs. Bad Costs, the 10X Differential Concept, Market Disruption, as well as a detailed Cost AnalysisÂ of the Insurance industry.

The slide deck also includes some slide templates for you to use in your own business presentations.

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Source: Strategic Cost Reduction: Good vs. Bad Costs PowerPoint document

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Strategic Cost Reduction: Good vs. Bad Costs

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This business document is categorized under:

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File Type: PowerPoint (ppt)

Tag(s): Cost Reduction Cost Management

Number of Slides: 23 (includes cover, transition slides)

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Upload date (first version): Feb 26, 2019

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