Achieving savings over the longer term
With vigilance regarding costs leading the agenda since the financial and economic crisis began, it’s easy to think that every possible inefficiency has already been found. But the data tells a different story. Financial results remain lacklustre and share prices are still flat.
Change is hard – and difficult to execute. Cost initiatives are often poorly designed and badly implemented. They consist of short-term savings which leak away once the organisation goes back to its old ways of working. A lack of skills and not enough experience of having done this before limit meaningful progress.
We help our clients to reduce their operating costs through strategic restructuring, implementing a strategic cost reduction programme that will deliver long term sustainable savings