Cutting Costs Without Affecting Customers
The objective is to reduce costs wherever possible, while avoiding giving customers reduced service or product quality.
Wednesday, June 3, 2009
Cuts in spending affect products or services in different ways. Cuts in administration, for example, are not normally noticed by buyers, but staff cuts in areas that are visible such as customer service or the quality of the packaging may adversely affect the customers’ experience.
Seven strategies that, applying Darwinian maxims, Guatemalan businesses are implementing in order to overcome these times of crisis.
Human Resources companies report a 50% decrease in middle management hiring.
Even during a recession, there are many intelligent management strategies that are applicable to improve business competitiveness.
Will the economy die? Not necessarily. This is a moment of change, and with change comes new opportunities.
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