Folks get excited about reducing costs: It can be a result in a real, quick sense of achievement. However, you MUST first take a “pre-step” which we call “Step Zero”. Step Zero consists of 1) Organizing the cost-reduction project and 2) Prioritizing individual cost-reduction ideas. Experience shows that without taking this “step zero”, a lot…
The bad news is that despite the pandemic and recession your organization is probably spending hundreds of dollars per employee per year on printing. The good news is that the same pandemic and recession make it easier than ever to cut your spending by 20% or more.
Carefully cutting technology costs is not how most companies react to a recession. Say “recession” and managers think layoffs, project cancellations, and across-the-board budget cuts. We at the Analyst Syndicate think differently. We share our favorite, proven ways to cut costs without falling behind the competition or being left unprepared when business picks up.
Are some of your business processes inefficient but too complicated to exhaustively reengineer right now? Don’t overlook the ways RPA can automate small and large-scale business processes in most industries and departments. Check out where to start, what actions to take, how to organize your teams, and what to avoid.
Will sending your workers off to work from home save your organization money and help you recruit top talent? Or will it fail miserably? The answer depends on timely actions actions you take to support your workers this year, and above all, on your decisiveness.