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How To Reduce Business Expenses

HR Digest

Also, if you are able to hire professionals skilled on how to reduce business expenses for your financial department, help to set the ball rolling in making a right financial decision and in business cost control. Businesses should also learn to recycle waste materials to save cost and not to just dispose of them arbitrarily.

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Business Model Generation : Blog | Executive Coaching | CO2 Partners

CO2

(It is useful to to distinguish between two broad classes of business models Cost Structures: cost cost-driven and value-driven from the following categories Cost-driven, Value-driven. Technology and its role in travel 2.0 Pink Demos Dr. John Sullivan FORA.tv

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The Challenges GM Is Facing, and the Reasoning Behind Its Plant Closures

Harvard Business Review

Capital-intensive factories have a high-fixed-cost, low-variable-cost operating model. If you greatly reduce the production volume, the cars that do come out have to absorb more of the fixed costs, and that eventually sends the product into a profitability death spiral.

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Why HR Really Does Add Value

Harvard Business Review

Within the first year of our effort net sales increased 27 percent while fixed costs were reduced by 40 percent. Not all fixed cost reductions were people. We're also using technology to relieve our staff from doing more routine HR work so they can focus on building capabilities.

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What Happens When All Employees Work When They Feel Like It

Harvard Business Review

Eden McCallum, thus, manages to keep its overhead and other fixed costs at a minimum. Leaders at the firm realize that for skilled people disillusioned with the employment model of traditional firms, there is a strong attraction to work tailored to their individual requirements.

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Who Wins in the Gig Economy, and Who Loses

Harvard Business Review

A full-time job provided the steady income needed to support our traditional version of the American Dream: the highly leveraged, high-fixed-cost house; the cars; the latest consumer goods. Workers with specialized skills, deep expertise, or in-demand experience win in the gig economy. If you had a full-time job, you won.

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The Company Outsmarting Big Pharma in Africa

Harvard Business Review

That may be true, but then the firms that do carry out the R&D are also dominant in their developed domestic markets, where their margins can absorb the fixed costs of R&D and there's nothing to stop them from competing on a cost basis in Africa, particularly given the low production costs of most drugs.

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