From the course: Cost Reduction Tips - How To Cut Costs And Maximize Profits
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Bureaucracy and how to reduce it
From the course: Cost Reduction Tips - How To Cut Costs And Maximize Profits
Bureaucracy and how to reduce it
is bureaucracy. And I must admit, this really is a pet hate of mine. (sighs) So I want to say five things about bureaucracy, actually, and the first one is contracts. Do you have to have a massive, great legal contract? Now, sometimes you do, it depends what it is. But for example, Portsmouth Council send me a 30 page contract In fact, I get two copies of it, so 60 pages. And it arrives in this great, big envelope. And I have to sign one and post it back to them at vast expense. And the ridiculous thing about the contract is, it makes them more liable than me. So it says, if I cancel the course, and I don't turn up, then I have to pay, but if they cancel the course, they have to pay me. Now, what's more likely? 'Cause I'm not going to fail to turn up. I'm always there, but they, every now and then, have had to cancel courses for whatever reason. And then, they've still got to pay me. Whereas, if we didn't have a contract, they would ring up and say, oh, I'm really sorry, Chris, we…
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Contents
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Bad time management4m 26s
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The cost of low morale5m 55s
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Bureaucracy and how to reduce it8m 27s
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Only have brilliant meetings5m 10s
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Effective uses of management time5m 3s
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Utilization of people2m 50s
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The true cost of staff turnover5m 47s
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How to choose who to fire4m
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Better alternatives to firing4m 4s
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Reorganisation: Good or bad?2m 26s
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Wrap up53s
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