59% of major companies have downsized at least 5% of their total staff, at least once over the past 15 years. One third of companies have applied the same treatment to over 15% of their staff. Yet, recent research shows that there is no correlation to value creation and this level of cost reduction activity. Yet, firms continually have to cut costs simply to stay in the game. How do they achieve these cost savings without simultaneously destroying value and capability? In this Summary, we evaluate
Activity Based Profit Management™, Bywater's proprietary technique
for linking cost efficiency to profit generation.