Abandon Cost Reduction and Focus Instead on Growth
Call the ambulances – the CFO probably just passed out when he or she read this title.But, it is a truth. Companies need to refocus and significantly reduce their cost reduction frenzy. Was it needed? Yes. Is it still needed? It will always be a concern, but it should not be a major focus for some time into the future. Why? The world has changed and there are dire predictions for large companies.As disturbing as this prediction may be, it is understandable giv...
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