HR Digest

OCTOBER 10, 2018

Most business managers struggle to understand how to reduce business expenses because they have dedicated teams handling finances. It is not wrong to have a team of financial experts but as a manager, you need to under the basic ways to reduce business cost. Use current business technologies. Evaluation staff cost.

How To 63

How To Budgeting Cost Fixed Costs 63

Harvard Business Review

MAY 21, 2015

The costly and complex operations of transporting energy have made utilities natural monopolies, while regulatory barriers and the high fixed costs of building and maintaining regional electrical grid infrastructure have also kept much competition at bay. This story of disruption should feel familiar.

Energy 8

Energy Transportation Software Price 8

Harvard Business Review

APRIL 6, 2016

For instance, the cost of building and equipping a leading-edge semiconductor fab has climbed to $7 billion, as the technology required to make more advanced chips is getting more complex. In many industries, the capital required to build an asset of minimum efficient scale is growing.

Co-Opetition 8

Co-Opetition Operations Cost Technology 8

Harvard Business Review

DECEMBER 1, 2017

You have to consider salaries, marketing budget, office size, technology services, and on and on. So not only were the current fees too weak to support his fixed costs, but future clients were turned off by his apparently excessive tastes. Do your colleagues understand that your spending is meant to benefit everyone?

Strategy 9

Strategy Budgeting Cost Price 9

Harvard Business Review

MAY 19, 2015

Hailed in the 1960s as bastions of sophisticated management, they used cheap financing to acquire, then rationalize, many family-owned firms. With GE’s recent announcement to split off its remaining finance operations , and Honeywell also considering divestment, the pressure on these groups remains in force.

Engineering 8

Engineering Learning Curve Fixed Costs Competitive Advantage 8