Structure changes can throw a business into chaos. In this video, learn how to perform a targeted restructuring of your business.
- The final way to save costs on people is reorganizations, … and I've separated this out and I've put it at the end … because I don't agree with reorganizations, not usually. … Occasionally, you need to reorganize a company. … If your market has really changed … and you have to change the outward facing part … of the organization, then okay, fine. … But reorganizations in order just to save people, … I think they just never work. … I've seen so many bad ones. … All that happens is they result in uncertainty and fear … and the good ones leave. … I mentioned prices a little earlier on. … The square root of people produce 50% of the ideas, … so if you reorganize a company, you've got 100 people, … you'll find 10 of those are your key people, … and they will be the ones who leave … because they just think, I don't need this. … I can get a job anywhere, … and they'll leave and you'll lose 50% of your ideas … and your output. … Reorganizations are really damaging, … and those people will go …
- Different cost areas affecting your business
- Comparing cost vs. income
- Enhancing your work environment
- Focusing on the most important management tasks
- Getting better deals on raw materials and labor
- Recognizing your optimum quality level
- The hidden costs of subcontracting
- Where to avoid cutting costs
- Top ten cost-cutting actions to take
Skill Level Beginner
What to expect1m 3s
1. What to Reduce
2. Reducing Labor Costs
3. Costs Other Than People
4. Top 10 Tips
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