Fifteen common sense cost cutting ideas

With a forecast of rising inflation putting pressure on costs coupled with shrinking sales in certain industries, then many businesses will be paying extra attention to cost cutting opportunities. In this blog I have identified the top 15 generic opportunities for cost savings that can be applied either directly or in a modified state to almost any business.

Here is the top 15 initiatives to cut costs rapidly and significantly in almost any business

When is a business case not a business case (part 4)

There a re a few fundamental rules to bear in mind when presenting any proposition:

1. Recognise and understand your audience so that you can directly target a known need or desire with your proposition.

2. Use the appropriate language and context to present your proposition.

3. Get your timing right.

4. Demonstrate understanding of and sensitivity to the operating environment.

When is a business case not a business case (part three)

After all the bottom line in any busines case is going to be financial although individual stakeholder priorities and concerns will play important parts as will the organisation’s history with similar projects and even good old office politics will often play a part.

At this point I would caution that despite the importance of the figures, it would be foolish to present a business case without taking into account the stated aims of the business in it’s short and long term plans and the key performance indicators and critical success factors of the key stakeholders.