Tag: Cost Cutting

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March 24, 2016

A Dangerous Lack of Courage in Leadership

A prerequisite of effective leadership is the presence of courage. In this VUCA world (volatility, uncertainty, complexity and ambiguity) we are witnessing the presence of fear in many of our leaders across the board – fleeing, fighting or frozen. The symptoms are: Much talk, little action – ineffective meetings that lead nowhere. Confused understanding and […]

March 3, 2016

The Biggest Current Concern for Western Australian Directors and CEOs

Right now in Western Australia the biggest concern appears to be revenue, according to the feedback I’m getting from my CEO clients. Sales are significantly down. There’s a scarcity of new work. Contractors are being asked to cut costs. Suppliers are being squeezed. There’s a domino effect occurring. Frantic searching for revenue and cost cutting […]

September 24, 2013

How Not to Cut Costs

This public listed subsidiary of the global giant was ordered to cut costs by 15% by the end of the quarter. Not only was that order given, it had this condition attached – it must be across all aspects of the company. The company had already pared expenses and were operating on what they believed […]

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