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CAG EXPLAINS: HOW TO CUT COST

Posted by ACopani on October 14, 2020 at 12:55 AM


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Cost cutting if done incorrectly can affect your organization’s growth. To become stronger, you must redirect costs to the right growth drivers. These questions should help you to quickly determine your organization's must-haves. 1- How is your market changing? What happened to your customers, suppliers and competitors? Which market trends or disruptors have accelerated? 2- In the post-COVID-19 world, which value propositions look promising? 3- Can you clarify the few things that your organization needs to do better than others to realize these value propositions? What is your competitive advantage? 4- Have you invested enough money in these things? Where do you need to reduce spending so that there is enough funds to redirect costs to the difference in value creation? How does this strategy apply to your #organization? What will be the most difficult, easiest or complicated steps to carry out this #strategy ? If that sounds like you let’s schedule a call today... DM Thank you for reading and sharing with others. I so appreciate it. Please �� if you found it valuable.

A post shared by Copani Advisory Group (@copaniadvisorygroup) on Oct 13, 2020 at 7:58am PDT

View this post on Instagram

Cost cutting if done incorrectly can affect your organization’s growth. To become stronger, you must redirect costs to the right growth drivers. These questions should help you to quickly determine your organization's must-haves. 1- How is your market changing? What happened to your customers, suppliers and competitors? Which market trends or disruptors have accelerated? 2- In the post-COVID-19 world, which value propositions look promising? 3- Can you clarify the few things that your organization needs to do better than others to realize these value propositions? What is your competitive advantage? 4- Have you invested enough money in these things? Where do you need to reduce spending so that there is enough funds to redirect costs to the difference in value creation? How does this strategy apply to your #organization? What will be the most difficult, easiest or complicated steps to carry out this #strategy ? If that sounds like you let’s schedule a call today... DM Thank you for reading and sharing with others. I so appreciate it. Please �� if you found it valuable.

A post shared by Copani Advisory Group (@copaniadvisorygroup) on Oct 13, 2020 at 7:58am PDT

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