Strategic Cost Transformation

Author : Vinay Couto,John Plansky,Deniz Caglar
Publisher : John Wiley & Sons
Page : 296 pages
File Size : 44,8 Mb
Release : 2017-01-10
Category : Business & Economics
ISBN : 9781119268536

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Fit for Growth by Vinay Couto,John Plansky,Deniz Caglar Pdf

A practical approach to business transformation Fit for Growth* is a unique approach to business transformation that explicitly connects growth strategy with cost management and organization restructuring. Drawing on 70-plus years of strategy consulting experience and in-depth research, the experts at PwC’s Strategy& lay out a winning framework that helps CEOs and senior executives transform their organizations for sustainable, profitable growth. This approach gives structure to strategy while promoting lasting change. Examples from Strategy&’s hundreds of clients illustrate successful transformation on the ground, and illuminate how senior and middle managers are able to take ownership and even thrive during difficult periods of transition. Throughout the Fit for Growth process, the focus is on maintaining consistent high-value performance while enabling fundamental change. Strategy& has helped major clients around the globe achieve significant and sustained results with its research-backed approach to restructuring and cost reduction. This book provides practical guidance for leveraging that expertise to make the choices that allow companies to: Achieve growth while reducing costs Manage transformation and transition productively Create lasting competitive advantage Deliver reliable, high-value performance Sustainable success is founded on efficiency and high performance. Companies are always looking to do more with less, but their efforts often work against them in the long run. Total business transformation requires total buy-in, and it entails a series of decisions that must not be made lightly. The Fit for Growth approach provides a clear strategy and practical framework for growth-oriented change, with expert guidance on getting it right. *Fit for Growth is a registered service mark of PwC Strategy& Inc. in the United States

Author : Tim McCormick,Dermot Duff
Publisher : Unknown
Page : 0 pages
File Size : 55,6 Mb
Release : 2009
Category : Cost accounting
ISBN : 0903854694

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Strategic Cost Reduction Or Cutting Costs Without Killing Your Business by Tim McCormick,Dermot Duff Pdf

For many businesses, Cost Reduction has been a priority for some time. As the Recession deepens and the Credit Crunch bites, however, the urgency has intensified. In a crisis, companies may need to cut many costs to restore their corporate health. Unfortunately, cost cutting is sometimes undertaken carelessly, and may cut a corporate artery; or is performed so persistently that it can lead to a corporate 'death by a thousand cuts'. At other times, cost cutting occurs randomly, meaning that the savings made are only temporary and that the costs re-appear. Cost reduction is often omitted from management books, or is dealt with in a fragmented, incomplete way. Written by a chartered accountant and an engineer, this new book takes a holistic approach to the subject, and is an original practitioners' guide on how to reduce costs in a way which does not ultimately destroy the business. This involves integrating the experience of leading practitioners with the available strategic models and theories.Strategic Cost Reduction is aimed at any person who is in a position to influence the strategy of the business, irrespective of its size, including directors, business unit managers and owner-managers, together with their advisors, such as chartered accountants. While it is written from an Irish perspective, many of the examples given are from multinationals operating in a global context, and so the book has wider relevance. While some success may result from focussing on the more obvious and immediate cost reduction targets, radical cost reduction is unlikely to be achieved by a draconian policy of 'slash and burn.' The ground-breaking strategic perspective described in this book will be far more productive. By careful planning and skilful implementation, it should be possible for companies to avoid the pitfalls and achieve lasting success. Outline of the Book Strategic Cost Reduction is in four parts. Part 1 deals with budgeting and other traditional approaches to cost reduction, including the various functional departments, to assess the effectiveness of existing cost reduction systems.It continues with the measurement of the problem, the setting of cost reduction targets and how to approach an emergency. Part 2 places cost reduction in a wider framework of strategy and values, considering different types of strategies and the critical functional safeguards, which should not be overlooked. It then looks at the wider strategic drivers of cost and approaches the issue by using the value chain, rather than traditional accounting information, which may not identify the root causes of the problem. Finally it delves into the issue of economies and diseconomies of scale. Part 3 outlines the modern operational tools used to analyse and manage costs by world class companies, such as Toyota and Motorola. It discusses 'world class' and 'lean' manufacturing, six sigma and business process reengineering. This is followed by the challenges of benchmarking and outsourcing. It provides a number of case studies and offers practical tips for implementation, as well as outlining the options available. Part 4 deals with issues of implementation and monitoring. It reviews issues around the structuring and rewarding the labour force.It goes on to establish the critical links with the budgeting and costing system, the role and costs of the head office and how quality and values can be monitored through a balanced scorecard. It finishes with a summary of how to plan the journey and get started. Each concise chapter gives numerous examples and illustrations, and each one ends with a checklist of thoughts for the practising manager. The contents of the text are set out below:

Author : Reginald Tomas Lee
Publisher : Business Expert Press
Page : 178 pages
File Size : 43,9 Mb
Release : 2018-12-06
Category : Business & Economics
ISBN : 9781631578809

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Strategic Cost Transformation by Reginald Tomas Lee Pdf

Strategic Cost Transformation offers a new framework, business domain management, which creates a comprehensive picture of your organization for improved cash based decision-making. Your product costs $2.86 to make. What does the number tell you about your operations, how effectively they were run, demand, or how much money you spent on capacity? Nothing. Shouldn’t you know? Accounting information creates a limited picture of operations and true cash performance. Strategic Cost Transformation offers a new framework, business domain management, which creates a comprehensive picture of your organization for improved cash based decision-making.

Author : Paul Leinwand,Cesare R. Mainardi
Publisher : Harvard Business Press
Page : 64 pages
File Size : 44,7 Mb
Release : 2009-07-15
Category : Business & Economics
ISBN : 9781422161807

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Cut Costs, Grow Stronger : A Strategic Approach to What to Cut and What to Keep by Paul Leinwand,Cesare R. Mainardi Pdf

For most companies, cost cutting in a down economy means across-the-board slashing that "spreads the pain" of budget reductions across many departments. While that may sound like the best approach for getting critical results fast and for limiting political infighting, it is a mistake-one that will leave your company weaker, not just smaller. Instead, companies that need to reduce costs should treat the challenge as an opportunity to identify and reinforce their key capabilities, while divesting from those activities that do not truly reflect the business's strengths or long-term goals. This more strategic approach will make your company more resilient as tough times continue and more robust as recovery begins. In Cut Costs, Grow Stronger, an e-book published as part of the Harvard Business Press Memo to the CEO series, Booz & Company's Shumeet Banerji, Paul Leinwand and Cesare Mainardi provide executives with the tools they need to rapidly implement capabilities-driven cost reduction. First they demonstrate how to identify and clearly articulate your company's key capabilities-not just core competencies or skill sets, but those very few strengths that, in combination, define how your organization competes. You can then use this information to create your company's unique blueprint for effective and efficient cost reduction. The authors' detailed, step-by-step framework walks you through the process, which can be completed in as little as two or three months-it's something that you can do now. This practical guide to capabilities-driven cost-cutting is the tool executives need to confront the challenge of today's economy while strengthening the foundation for what will set their company apart in the future.

Author : Tim McCormick,Dermot Duff
Publisher : Unknown
Page : 308 pages
File Size : 52,6 Mb
Release : 2012
Category : Business planning
ISBN : 1908199342

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Strategic Cost Reduction by Tim McCormick,Dermot Duff Pdf

Author : Jason Schenker
Publisher : Unknown
Page : 128 pages
File Size : 42,5 Mb
Release : 2020-04-18
Category : Electronic
ISBN : 1946197556

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Strategic Cost-Cutting by Jason Schenker Pdf

Author : Jason Schenker
Publisher : Unknown
Page : 128 pages
File Size : 55,9 Mb
Release : 2020-04-16
Category : Electronic
ISBN : 194619753X

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Strategic Cost-Cutting After COVID by Jason Schenker Pdf

Author : John K. Shank,John H. Shank,Vijay Govindarajan,Shank Govindarajan
Publisher : Simon and Schuster
Page : 298 pages
File Size : 44,9 Mb
Release : 1993
Category : Cost accounting
ISBN : 9780029126516

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Strategic Cost Management by John K. Shank,John H. Shank,Vijay Govindarajan,Shank Govindarajan Pdf

An indispensable guide for managers concerned with cost, strategy, and business re-engineering. Experts on the strategic use of cost data, the authors show how stategic cost management is revolutionizing accounting practices in leading companies. Includes numerous examples. 120 line drawings.

Author : Steven M. Bragg
Publisher : John Wiley & Sons
Page : 342 pages
File Size : 43,8 Mb
Release : 2010-05-24
Category : Business & Economics
ISBN : 9780470587263

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Cost Reduction Analysis by Steven M. Bragg Pdf

Discover the tools for knowing the costs your company should cut, without impacting its ability to deliver goods and services New from Steve Bragg, this book provides the tools for determining which costs a company should cut, without impacting its ability to deliver goods and services. It explains how to use throughput analysis in order to locate bottleneck operations in a company, which in turn dictates where capital investments should (and should not) be made. Delves into process analysis, to determine where excess resources are being used in a business process Describes the total cost of ownership, showing how a single purchasing decision actually snowballs into a variety of ancillary costs Shows how to create and use a spend management system to reduce procurement costs Shows how just-in-time systems can be used to eliminate inventory costs Cost Reduction Analysis: Tools and Strategies provides examples to show how much cost can potentially be eliminated to avoid drastic action later that can imperil your corporation's direction and future.

Author : Marc Resch
Publisher : J. Ross Publishing
Page : 273 pages
File Size : 53,9 Mb
Release : 2011-06-15
Category : Business & Economics
ISBN : 9781604270648

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Strategic Project Management Transformation by Marc Resch Pdf

In today's challenging commercial environment, many business projects are now categorized as strategic investment with the primary concern being value impact on an organization's bottom line. This title equips project managers with the skills necessary to effectively manage projects as strategic investments.

Author : Anonim
Publisher : Unknown
Page : 28 pages
File Size : 52,6 Mb
Release : 1954
Category : Electronic
ISBN : OCLC:254227783

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Strategic Areas in Cost Reduction by Anonim Pdf

Author : Andrew Wileman
Publisher : Nicholas Brealey
Page : 228 pages
File Size : 55,5 Mb
Release : 2011-01-11
Category : Business & Economics
ISBN : 9781473644625

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Driving Down Cost by Andrew Wileman Pdf

With a new preface and a detailed chapter on applying cost reductions to the public sector Drawing on over 25 years consultancy experience running over 50 big one-time, cost-reduction projects internationally, Wileman provides a Cost Management Toolkit of key ideas and cost management strategies for analysing cost-management including procurement and management accounts and looks at how the leadership team needs to take the lead and set the tone on cost. He lays out a set of ideas, approaches, tips and tricks that have worked for him and looks at the sneaky ways cost can be created and the even sneakier, smart ways they can be cut - like getting your customers to do your work for you, or turning cost into revenue. Packed with real-life, international case studies and practical techniques for implementing cost reduction programmes in a period of chaos in the markets and worldwide recession, this new edition could not be more timely.

Author : Michael S. Lawson, MBA
Publisher : Outskirts Press
Page : 198 pages
File Size : 52,9 Mb
Release : 2016-11-21
Category : Business & Economics
ISBN : 9781478782964

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Strategic Cost Cutting by Michael S. Lawson, MBA Pdf

Many books talk about cutting cost. This one shows proven examples, fact based stories and case studies from U.S. Presidents, CEOs, top corporations and the author. “Strategic Cost Cutting” is occurring all across the nation and world in corporations, governments, and a variety of industries. Guidelines, concepts and examples can be used for the average American to reduce personal debt to improve their financial position. THIS BOOK WILL SHOW YOU HOW TO..... 1. Understand historically U.S. budget deficits 2. Identify drivers of cost increases and solutions on personal and corporate levels 3. Assess methods to understand root causes. 4. Apply concepts from turnaround stories of how corporate CEOs reduced cost. 5. Learn how you can apply strategies to reduce your debt and cost within your corporation and personal budget.

Author : Mohan Nair
Publisher : John Wiley & Sons
Page : 243 pages
File Size : 48,8 Mb
Release : 2011-08-24
Category : Business & Economics
ISBN : 9781118134450

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Strategic Business Transformation by Mohan Nair Pdf

Strategic Business Transformation The seven deadly sins to overcome What can Gandhi, Mother Teresa and Nelson Mandela teach us about running businesses that face transformation in their markets. This book courageously offers that businesses that transform markets or respond to transformation know that they must transform themselves before they transform others. Great companies find a cause greater than themselves, organizes this cause into executable momentum and conquers the imagination of the market. Transforming your business requires a recipe powered by a cause not missions. Read and see how and why.

Author : Shahid L. Ansari,Jan Bell
Publisher : Irwin Professional Publishing
Page : 272 pages
File Size : 43,8 Mb
Release : 1997
Category : Cost control
ISBN : UOM:39076001777163

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Target Costing by Shahid L. Ansari,Jan Bell Pdf

Target Costing: The Next Frontier in Strategic Cost Management is the one-and-only reference of its kind, providing practical insights on using target costing to build a culture of excellence in your organization. Shahid Ansari, Jan Bell and the CAM-I Target Cost Core Group focus on the details and show how this strategic management process can provide your customers with the products they want, when they want them, at a price they can afford - and still earn your firm reasonable financial returns. The CAM-I group realized target costing was critical for success in our global economy and collaborated on this landmark work. Relying on state-of-the-art practices drawn from over 80 Japanese works, global best practices and personal experience, Target Costing describes the scope, framework, process and tools for implementing a robust and integrated target costing system.