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How to Help Gear Your Company Towards Cutting the RIGHT Costs
5 pages
Published by
Williams John
How to Help Gear Your Company Towards
Cutting the RIGHT Costs
The global financial marketplace has recently become quite volatile, as fears of an
American recession affect economies all over the world.
In addition, the Dow
Jones...
[More]
How to Help Gear Your Company Towards
Cutting the RIGHT Costs
The global financial marketplace has recently become quite volatile, as fears of an
American recession affect economies all over the world.
In addition, the Dow
Jones Industrial Average currently hovers at around 12,400, while it was at around
14,000 in October 2007.
A drop of 11% in just four months is cause for concern for
many people.
At times like this, executives typically search for ways to cut costs, which can be a
sticky business.
And yet, what if you could know where your company is profitable
and where it s not, and then figure out a way to do more of the profitable work? In
other words, what if you got rid of unprofitable customers instead of loyal,
productive employees?
The truth is, many companies that slash costs in response to an economic recession
find it difficult to achieve top-line growth when the recession ends.
This is not hard
to believe, considering the fact that their best workers are gone and th
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Tags
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company,
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customer,
cutting,
fact,
hard,
long,
order,
profitability,
profitable,
project,
projects,
recession,
term,
understanding
