Remove Leadership Remove Management Remove Technology Remove Zero Based Budgeting

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). You have a ton of data to review to build a successful cost management strategy and find your biggest areas of waste. Document successes, failures, and lessons learned within your cost management strategy.

All Boards Need a Technology Expert

Harvard Business Review

Like almost every other major industry today, banking relies on hugely complex, enormously expensive technology. I discovered that only one bank had a board member with some direct experience in technology and in that case it was as a sales executive. Technology is the most important agent of change today; hardly any industry is immune to both its value-creating and disruptive potential. The truth is that many industries today employ outdated technology.