A Manager's Guide to Creative Cost Cutting: 181 Ways to Build the Bottom Line - Softcover

Young, David

Softcover

ISBN 10: 0071396977 ISBN 13: 9780071396974

Publisher: McGraw-Hill, 2002

Synopsis

A PAPERBACK ORIGINAL

Practical, creative strategies and solutions for cutting costs­­without cutting people

In an age of cutting costs­­no matter the cost­­the unspoken contract between employer and employee has never been more tenuous. But while trimming payroll may be the easiest answer, it is often far from the best. A Manager's Guide to Creative Cost Cutting presents specific ways that companies can reduce costs without reducing staff, along with implementation plans and real-world case studies and examples. Concise and compelling, it shows today's leaders how to better leverage resources to control spiraling costs while creating a sounder, more stable work environment.

Featuring 101 techniques for executives to reduce expenses and expand profits, without disrupting workers' lives and deep-sixing morale, this unique and easy-to-read guidebook:

• Shows how to uncover hidden costs and then reduce or eliminate them
• Helps readers overcome 21 common cost-reduction prohibitors
• Highlights real-world examples, from Intel's unpaid leave to Goodyear's debt negotiation

About this title

About the Author

David Young is professor of accounting and control at Boston University's School of Management and a principal in The Crimson Group, Inc., a firm specializing in customized in-house management education programs. From 1986-1991, he was chair of the Department of Accounting, and from 1989-1993, he was director of the Accounting MBA Program. Since joining BU in 1985, he has taught in the undergraduate, graduate, and executive programs, including the Accounting MBA Program, the Executive MBA Program, and the Boston Leadership Academy. He has been nominated 4 times for BU's prestigious Metcalf Award for teaching excellence. He is the co-author of Management Control in Nonprofit Organizations, which is used extensively throughout the U.S. and abroad. He has lectured and taught extensively in Europe, Latin America, Japan, and the Middle East, and has served as a consultant on management control system design to a wide variety of organizations. His consulting clients include the American Arbitration Association, Arthur D. Little, The Robert Wood Johnson Foundation, CIGNA Corporation, New York City Bureau of the Budget, and the Commonwealth of Massachusetts. Professor Young earned his doctorate from the Harvard Business School.

From the Back Cover

Make cost reduction and control a top-to-bottom imperative!

181 Market-Tested Strategies from Wal-Mart, Intel, GE, and Other Cost-Efficient Market Leaders

Cut-costs-at-"all"-costs is today's competitive mantra. But while trimming payroll is often the first place companies turn, layoffs can be disruptive and damaging--and frequently end up costing more than they save! "A Manager's Guide to Creative Cost Cutting "details 181 methods that companies can use to trim costs in virtually every area. Many are easy-to-implement quick fixes, and all are designed to allow a company to realize long-term competitive advantage instead of mere short-term cost reductions.

Written for managers at every organizational level, this straight-talking guidebook is filled with proven techniques, including: Methods for reducing Internet charges while speeding connectivity Tough questions to ask before committing to a new project Six Sigma processes to control frustrating--and expensive--quality defects

In today's highly competitive business world, cost cutting is more than just a suggestion; it's a necessity. Let "A Manager's Guide to Creative Cost Cutting "introduce you to an arsenal of cost-control weapons you can implement today and in the future to reduce expenses, expand profits, and improve shareholder value at every level of your organization.

Edition details

• Publisher: McGraw-Hill
• Publication date: 2002
• Language: English
• ISBN 10: 0071396977
• ISBN 13: 9780071396974
• Binding: Paperback
• Number of pages: 288