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THE BUSINESS PROBLEM BEING SOLVED
When you need to cut costs by 10%, where do you start? Perhaps you simply lay off 10% of your staff. That is a knee jerk reaction but it rarely works. As an analogy, if your spouse lost a part time job, would you give up one of your children for adoption? You can instead defer discretionary costs such as travel, training or research. You can quickly and painlessly trim 1% from 10 different places of your budget. For these purposes, the 340 tips listed in this book will jump start the process. The book also outlines 16 key strategies to apply these tips in a meaningful way. To add insight, it offers many case histories.
Ideally, expense management occurs within the context of ongoing renewal, rather than as a one-time, unpleasant event.
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