7 No-Fail Ways to Build a Successful Cost Management Strategy

The Kini Group

You need a successful cost management strategy. However, many overlook the small hidden costs related to packaging, distributor relationship management, and ongoing logistics maintenance (including short payment terms to logistics providers). After all, your human resources team costs money. You have a ton of data to review to build a successful cost management strategy and find your biggest areas of waste. Companies often have too many resources on one project.

All Boards Need a Technology Expert

Harvard Business Review

Executive directors are usually selected for their leadership qualities; they often have experience with generalized management or leadership experience rather than narrow expertise or technical acumen. It’s often focused on the competitive environment — used to reassure management that it is not falling behind rivals. That number should be zero — and briefings should happen periodically to remain up to date. Jennifer Maravillas FOR HBR.