Gartner Research

Infographic: 7 Cost Optimization Errors You Cannot Afford to Make

Published: 05 November 2020

Summary

Executive leaders must use this infographic to understand the cost optimization errors they must avoid to improve their organization’s financial health and grow.

7 Cost Optimization Errors You Cannot Afford to Make

About This Research

This infographic discusses common cost optimization pitfalls organizations commit during the decision-making process. Executive leaders must use this infographic to learn about these pitfalls and be mindful of avoiding them in all their future decisions.

Recommended by the Authors

Economic headwinds force organizations to focus on cost reduction and present an opportunity to differentiate performance from peers. This research helps executive leaders avoid common cost optimization errors as they take critical actions to improve their organization’s financial health and grow.

During uncertain times, unprepared organizations are forced to cut costs. This research contains a presentation deck that will help executive leaders understand the three cost reduction mistakes that could impede their progress and learn what winning organizations do differently.

Executive leaders must leverage our decision framework to improve the outcome of cost optimization initiatives by expanding their analysis of proposed ideas. They must evaluate cost optimization initiatives on elements such as impact on the business, risk and the level of investment required.

Analysts:

Finance Research Team

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