Cutting costs: maximizing results

 In the business world, the more established ones are those that have been able to overcome their operating costs with an impactful consequence. Albeit, these are companies that have been able to maximize results with minimal costs.

I have read, argued and even requested for funding from investors worldwide. Many have either not taken my objectives seriously or have in fact, undermined the instances on trying to be funded. I have dealt as a start up and what nots. The impact costs have on others is quite phenomenal especially in relation to the expected outcome.

Nonetheless, a breakthrough is what will define competition between organizations. It is an adventurous journey to explore what would seal the deal with minimal costs. It tends to need the right time and wisdom to engage and come through with the gold prize.

So how do companies cut costs and maximize outcomes? There are both cruel and exceptional methods. Cruelty involves firing irrelevant staff and cutting salaries. Exceptional methods involves restrategizing. It may or may not lead to the intended outcomes but is necessary for growth of the organization.

What does your company do to restrategize?  I have read about relocation, repricing and nowadays rebranding. I look forward to hear on your breakthrough stories soon!

#costefficiency #returns #breakthrough