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Cost Cutting VS Operational Scalability

Updated: May 28, 2024


Cost Mgmt. Profit improvement.  It's not just about layoffs, T&E limits, and hiring freezes. Yes...



...you can cut costs.



🔴 But you can only cut cost so far. 🔴



Alternately (or in addition)...



...you can improve scalability. 



(in other words) 



Invest in ways to do more with the same resources:



1. Automation 


 (of low-complexity tasks)


 


2. Process Engineering 


 (on high-complexity procedures)


 


3. Training & Skill Development


 (optimizing where there's more art than science)


 


4. Systematic Monitoring & Alerting 


 (minimizes time spent fire-fighting instead vs growth)


________________________



🟩🟩🟩 ACTION 🟩🟩🟩



Take a look at each functional area of your business.


• Finance • Operations • HR/People


• Marketing • Sales • Services


• Product • Engineering



Have the senior leader over each


propose 1 effort in each of the 4 areas above


to improve your ability to scale without adding cost.


________________________



If you're a #CEO or #COO


and need pragmatic, methodical ways


to identify approaches to scale growth w/o scaling cost



▶️ REACH OUT ◀️



and we can discuss how 


to take this exercise much further.

 
 
 

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