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the birchman group - value management firm that provides consulting services
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Organisations are facing unprecedented economic conditions worldwide that have not been encountered for generations, if ever before. Cost optimisation is one of the most important elements in surviving the current economic crisis.

With extreme pressure bearing on the top line, extraordinary examination of costs is the only realistic survival strategy for many businesses. This necessarily needs to drive far deeper than normal, prudent, 'business as usual' cost management.

So how do organisations ensure that with limited resources and large cost reduction targets they focus on the right things, execute optimally and come out the other end with a healthy business ready to exploit the inevitable upturn?

Birchman has developed an approach that takes a comprehensive, top-down approach to analysing and assessing costs within a business by systematically targeting cost reduction opportunities. We find that organisations need to find answers to the following questions:

The 10 Most Frequently asked Cost Effectiveness Questions

  1. Where should we look to reduce our costs?

  2. How do we know which costs are reasonable and which are not?

  3. How do we ensure that 'fat not muscle' is cut?

  4. How do we ensure that any measures taken to reduce costs will not adversely affect our strategic direction?

  5. What will produce the biggest bang for the buck?

  6. What are the associated risks and how do we manage them?

  7. How do we ensure benefits are realised as fully and quickly as possible?

  8. How do we ensure that initiatives are properly managed to conclusion, and that we have the resource capacity to do the job?

  9. What do we do to ensure that issues and dependencies are effectively and appropriately dealt with?

  10. How do we manage the business changes that will result?

If you would like to talk to someone from Birchman to understand more about our approach and gain access to reference material on cost effectiveness please contact us