Firms often cut costs without a clear plan or framework. Most leaders divert focus to matters other than cost management and cut costs only in times of emergencies. Worse, leaders often optimize costs in silos, isolating adjacent stakeholders who have their own, equally significant objectives.
This research will help leaders understand cost optimization options while considering how the practices and experiences of other units combine to uphold larger business goals. It explores how leaders can optimize costs in their functions while supporting their C-level counterparts in enterprisewide initiatives.
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