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Achieving Cost Leadership: A Sustainable and Pragmatic Approach
Publish Date: February 27, 2009
Author(s): Bertone, Peter; Clark, Andrew; Groves, Stuart; West, Daniel
Abstract: Cost containment is returning to the top of the managerial agenda. Many companies are trying but failing to sustainably contain their costs--typically due to an inability to translate ideas into practical interventions applied to the underlying activities behind the cost. However, a simple, pragmatic approach based on five steps can help organizations avoid the many pitfalls of cost containment.
Related Expertise Areas: Organization, Change & Leadership