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5 Effective Strategies for General Contractors to Cut Costs

Strategy Driven

You should consider ways to reduce operational expenses. Also, you can consider the shift from in-house to cloud operations to cut overheads. In the former case, the owner of the project only has to pay a fixed cost that includes overhead and profit. You may have to send lots of emails and hammer the phones.

Cost 57
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Voice of Experience: DiAnne Calabrisotto, (The Williams Capital Group, L.P.)

First Friday Book Synopsis

Here is an excerpt from a profile of DiAnne Calabrisotto (Chief Operating Officer and Chief Compliance Officer, The Williams Capital Group, L.P.) written by Elizabeth Harrin (London) for The Glass Hammer, an online community designed for women executives in financial services, law and business.

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The Future Economy Project: Advice from Sustainability Experts

Harvard Business Review

Learn about the future economy project. Harvard Business Review interviewed the CEOs and other business leaders who signed up to the Future Economy Project, our initiative spotlighting businesses’ sustainability agendas. We need tools to assess progress for external stakeholders, consumers, and managers.

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Are Your Employees Drivers or Victims of Process Innovations?

Harvard Business Review

In his 1990 classic HBR article " Reengineering Work: Don't Automate, Obliterate ," Michael Hammer argued that IT must drive radical process innovation. Hammer nonetheless argued for using the power of information technology to redesign a cross-functional process, then deal with the people issues.

Process 11
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Your Strategic Plans Probably Aren’t Strategic, or Even Plans

Harvard Business Review

It happens all the time: A group of managers get together at a resort for two days to hammer out a “strategic plan.” At the start of my public seminars on strategic planning I ask attendees, who rank from board members and CEOs to middle management, to write down an example of a strategy on a sheet of paper.

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Balancing Push and Pull Approaches to Improvement

Harvard Business Review

An executive in the company's finance operations adopted a Six Sigma belt-driven approach to reduce costs in the company's global shared service centers. The firm then tasked each employee with a specific project to cut costs, armed with their tools and training. Which camp is right? However, the push approach comes with complications.

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A Guide to Being Compassionate During Layoffs

Harvard Business Review

Far too often, leaders who are closing or shrinking an operation take the old tough guy approach. If the operation being closed or downsized is large or historically important to the company, the CEO should make at least one visit. In some cases, that might mean keeping an operation open longer than you initially wanted.

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