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cost out - sternstewart.com

Cost out HoW to succEssFuLLY cut costscost out HoW to succEssFuLLY cut costsstern stewart Research // Volume 61 Gerhard Nenning, Dimitri Belobokov, Milan Manduch, christian sparrevohnFIVE PINCIPLES 1. "10 -100 -1000": Quickly define where you want to go 2. "Efficient, but ef-fective": Base your approach on well-founded hypotheses 3. "Single source of truth": Quickly ascertain the numbers 4. "Everybody follows the rules": Strictly apply the methods and tools 5. "Get lean and stay leaner": Institutionalize cost awarenessManagement Summary Global competition forces companies to optimize their cost structures even those companies that did not have to worry about price-oriented competitors in the past due to their superior technologies and outstanding product characteristics.

cost out HoW to succEssFuLLY cut costs stern stewart Research // Volume 61 Gerhard Nenning, Dimitri Belobokov, Milan Manduch, christian sparrevohn

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