Article

Turn Cost Cutting into a Core Competency

Instead of waiting for breakthrough growth opportunities at your company, create them.

By Vernon Altman, Marty Kaplan and Alistair Corbett

First published on Δεκεμβρίου 01, 2002
min read


Instead of waiting for breakthrough growth opportunities at your company, create them. Start the process of growth by committing your company to cost reduction as an operating principle that you adhere to during expansions and recessions. Cost reduction should be a never-ending process. Make cost cutting a core competency at your company, and growth won't be too far behind. Purchase the full text of this article from Harvard Business Online.

Instead of waiting for breakthrough growth opportunities at your company, create them. Start the process of growth by committing your company to cost reduction as an operating principle that you adhere to during expansions and recessions. Cost reduction should be a never-ending process. Make cost cutting a core competency at your company, and growth won't be too far behind.

Purchase the full text of this article from Harvard Business Online.

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