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 Business Costs Reduction






Business Costs Reduction

 

In Asia, SingTel (Singapore’s leading telco company) announced cost-cutting measures in October.

The Malaysian government in November asked Telekom Malaysia to cut broadband costs.

During economic uncertainty, many operators re-focus their strategy on cost reduction.
This is often the key to survival, but not all of them are successful.

When economy is in the recovery mode, cost saving is being looked upon as profit making exercise.

Cutting cost should have same strategic approach that business follow to augment profits.

Cost reduction and other strategies for profit improvement are indeed vital for business success and survival.

This Business Cost Reduction Workshop is designed to provide participants exposure to world-class cost reduction and profit improvement ideas, tools, methods and strategies.

This is a hands-on learning workshop where you will work on projects for your own benefit. You have the opportunity to not only see what works but to apply it immediately in your own experience.

The workshop gives the participant powerful processes and tools in addition to specific ideas for cost reduction and profit improvement. It helps managers fulfill their obligation to give personnel the essential tools and knowledge to meet any requirement for cost reduction, budget reduction and profit improvement. You should attend and/or send staff if you have any concerns about costs and profit in 2010 and beyond.
Key Learning Outcomes and Benefits

- Best Cost reduction and profit improvement examples from
real life
- Understanding The Profit Equation – the interaction of
revenue, loss and expense = profit
- Practical Insights into what ideas does and does not work
- How to make your cost and profit initiatives succeed by
seeing how it can fail
- How to measure your savings and profits for a better cost
reduction approach
- Understand how to manage the vital resources of your
business that determine your profits and success
- Learn from proven tools for finding cost reduction and profit
improvement opportunities
- Know advanced methods for quickly evaluating
opportunities
- Gain important insights on how to overcome resistance while
changing approach to cost management
- Learn how to get momentum for cost reduction and profit
improvement moving in the right direction and keep it going
- Get equipped with practical and innovative tactics that can
reduce expenses

 


Location:
 Kuala Lumpur
Country:
  Malaysia
Start Date:
 Aug 02, 2010
End Date:
 Aug 03, 2010
Organizer:
 N/A
Sectors:
 Business & Finance
 
** To register please Click Here


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