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Cost Reduction Strategy with High Impact Management

Cost Reduction Strategy with High Impact Management

Author: EricBBigham , Last Modified, 2017-10-08

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Bigham Consulting High Impact Management System utilises a structured approach to the reduction of Operational Expenses.
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Using this approach it become possible to target cost reduction in a logical away. The enterprise value created can be valued using a reference the companies cost of capital, or Weighted average cost of capital (WACC) approach or similar.

Doing so creates the business case for any initiative listed in the project planner. The allocation of resources to any cost reduction effort must ultimately pay for itself to be a worthy contender, as in many cases it can prove costly in the short run to invest in change. The choice then become one of time horizon.

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Cost Reduction Strategy using High Impact Management Approach

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