In Cost Reduction, Context Matters

It’s a commonly asked question from business leaders.  ‘How can we reduce costs?’  Answers arrive almost immediately. Reduce head counts.  Buy cheaper stuff.  Cut overtime.  Save energy.  The list goes on. A large multinational corporation initiated a ‘cost improvement program.’  Departments were asked to submit reports on cost improvement projects they initiated and implemented.  ThoseContinue reading “In Cost Reduction, Context Matters”