Cost Control Tactics in the Corporate World
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WHAT IS IT ABOUT?
As a board of directors, analyze cost control strategies such as operations budgeting, savings reduction and cost analysis to increase your bottom line.
- The financial managers who are looking for innovative methods of generating revenue.
- The accounting team that needs to convince middle managers about the opportunity of reducing costs through cost control.
- The IT department focused on finding ways to save resources and lower overhead.
- The Human Resources staff interested in helping their team by finding savings within operations.
- The marketing team that wants to explore cost control methods to reduce their advertising budget.
Operations Budgeting
Evaluating output vs input cost
Savings Reduction
Optimizing operational savings
Cost Analysis
Increasing analysis data accuracy
Evaluating output vs input cost
Savings Reduction
Optimizing operational savings
Cost Analysis
Increasing analysis data accuracy
As you can see, you're not asking your respondents for opinions, satisfaction or agreement. Our scientific research has shown that these are very bad fuel for algorithms. Instead, we ask for verifiable facts or -behaviour. For further reading, you can download our AMAIZE magazine dedicated to this topic or discover the scientific papers in the Resources section.
After you have downloaded this questionnaire, you can - in your Toolbox - edit, add/delete, and translate questions & answers to your liking. Clicking the "Help me PRAIORITIZE" buttons in the Toolbox activates our A.I. to help you finish your masterpiece..
Q. How have you assessed current practices?
Q. To what extent have you identified wasteful processes?
After you have downloaded this questionnaire, you can - in your Toolbox - edit, add/delete, and translate questions & answers to your liking. Clicking the "Help me PRAIORITIZE" buttons in the Toolbox activates our A.I. to help you finish your masterpiece..
Q. How have you assessed current practices?
- We have not assessed our practices beyond basic guidelines.
- We have used methods to measure the efficacy of processes and procedures.
- We have implemented a Pareto Analysis to identify areas of cost reduction through process automation.
Q. To what extent have you identified wasteful processes?
- We haven't thought about it.
- We use data analytics to find discrepancies.
- We have an established process to analyze workloads.
The artificial intelligence creating the questionnaires for the store has been inspired by over 11.000 whitepapers from more than 100 noted consultancy firms. Algorithms selected the 20% best papers and grouped papers from different consultancy firms into specific questionnaires. Why settle for less? Here is a summary how we did it.
If you feel you need outside support after conducting your assessment, we recommend the firms that have written the below mentioned whitepapers. Not having a paper selected does NOT mean that a firm does not give good advice.
If you feel you need outside support after conducting your assessment, we recommend the firms that have written the below mentioned whitepapers. Not having a paper selected does NOT mean that a firm does not give good advice.
| NAME | TITLE PAPER |
|---|---|
| oliverwyman | Smart-Cloud-Migration.pdf |
| mckinsey | McKinsey-China-luxury-report-2019-How-young-Chinese-consumers-are-reshaping-global-luxury.pdf |
| oliverwyman | Oliver Wyman- Collapse of the Middle.pdf |
| pwc | pwc-are-we-preparing-our-kids-for-the-jobs-of-tomorrow.pdf |
| mckinsey | Fast-forward-China-30-ways-companies-are-reactivating-business-FINAL.pdf |
| lek | 2135-Medicare-Advantage-Penetration.pdf |
| oliverwyman | the-right-way-to-regulate-the-tech-industry.pdf |
| deloitte | gx-tmt-prediction-gigabit-internet.pdf |
You will download so much more than a set of questions and answers. This questionnaire contains everything for the full consultancy experience:
- Respondent profiles for a helicopter view of your audience.
- A maturity model with which algorithms calculate a six times smarter improvement target (compared to when you leave that to a human).
- Improvement suggestions (per question) how to move from one answer to another
- Suggested follow-on projects. After all, moving your organization from A to B might require more than just doing an assessment.
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