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Building Competitive Advantage Through Strategic Cost Reduction

Building Competitive Advantage Through Strategic Cost Reduction

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Published by: adillawa on Jul 25, 2010
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06/19/2013

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Deloitte Research
A financial services industry study by Deloitte Research
FUTURE
Building competitive advantagethrough strategic cost reduction
 
Fit for the
 
For too many firms, cutting costs is a management priority when business conditions are weak, only to be forgotten when economic growth resumes. But continually increasing operating efficiency is fundamental to success in both good times and bad. In this report,Deloitte Research presents the latest approaches to building competitive advantage by reducing costs throughout every aspect of the enterprise.
 
CONTENTS
Executive Summary .............................................................. 2 Introduction ........................................................................ A Strategic Approach Required .............................................. Crafting a Cost Reduction Program ........................................ 8 Building Blocks for a Cost Reduction Program....................... 14 Tomorrow’s Agenda ............................................................ 24 About Deloitte Research...................................................... 27 

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