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Fundamental Cost Reduction |
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The early 1990's were epitomized by corporations embarking on re-engineering efforts focused on removing the 30% of excess cost. They primarily achieved this through headcount reduction. As new waves of competition emerge, gaining the next 30% reduction has moved back to the top of the Corporate Agenda. However, this time it is meeting heavy resistance - too much has already been cut. In this Briefing we evaluate this opinion, conclude that firms have no option but to find new and innovative ways of driving cost reduction, and set out a series of proven approaches to achieve precisely this. |
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