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THE NEW BOOK ON WIDELY ACCLAIMED THEORY ZYX SHOWS HOW TO SUCCEED SPECTACULARLY AT YOUR INITIATIVES.

 
 COST REDUCTION MYTHS                                       Back to Cost Reduction Home

There is a point below which reducing costs means reducing quality and service
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                 
























 

................................................................................................................
 COST REDUCTION MYTHS
 More technology always cuts costs
Information Technology is the best department to take lead in the cost cutting effort
Main reason to cut costs is to meet quarterly earning estimates
The CEO or the General Manager needs to bring in Consultants
It is better to cut cost slowly
The fair way to downsize is to layoff people based on seniority
Hold off reducing costs because business will come back
Attempting to motivate employees while cutting cost is a futile effort
Short term cost cutting can be divorced from long term effects
Our employees have no reason to cooperate in cost reduction
It is impossible to get collaboration between various departments
Culture has nothing to do with cost reduction
Cost cutting does not require change management
Cost cutting demotivates employees
Cost cutting always adversely effects quality and service

To avoid pitfalls in cost reduction, apply Theory ZYX.  To succeed spectacularly at cost reduction, please contact us.

                                                                  Back to Cost Reduction Home





 

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