At the moment, almost 70% of companies have some sort of cost management program. At the same time, 74% of managers report strong commitment to corporate strategy, but struggle to understand how to carry it out because of a changing landscape. 

Uncertainty is the new normal, and so it's imperative that finance leaders carefully weigh the implications of frantic cost cutting vs. thoughtful cost optimization.

Executives tend to make three major missteps when they’re under pressure to cut costs:

  1. Making across-the-board cuts
  2. Losing the business’s commitment
  3. Stifling growth investment

Download our research to learn what your company can do differently to avoid each mistake.