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

Published on December 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.

Ready to talk?

I want to talk to your experts in: Please select an industry from the dropdown list

We work with ambitious leaders who want to define the future, not hide from it. Together, we achieve extraordinary outcomes.

Your email Please enter a valid email address

How We've Helped Clients

Sustainability An Oil and Gas Leader Creates a New Clean Energy Business

An Environmental Services Company Captures Massive Savings from a Merger

AI, Insights, and Solutions Analytics guide an entertainment company's growth strategy

Ready to talk?

How can we help you?