If your cost cutting measures are not achieving the desired results, our four-page article "Winning the Financial Whac-a-Mole Game" offers solutions.
The article examines why savings in one area may create costs somewhere else. Departmental cost cutting that degrades product quality, provokes customer dissatisfaction, or damages process efficiency does far more harm than good. Short-sighted accounting practices mask underlying problems.
A better approach is to focus on product and process improvement. A key component of product and process improvement is knowledge. Providing the right knowledge to the right people at the right time dramatically reduces costs and often improves sales.
Download the "Whac-a-Mole" article (1.5 M).
Illustration by Don Townsend.
Text and illustration copyright © 2009, Impact Technical Publications.
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