Advancements in technology are driving major innovations in almost every industry. In this video, learn how to identify areas where your IT systems could be improved and how to train your employees in these new technologies.
- Another significant time waster … and therefore a waster of money is poor IT. … Computers have just become more and more vital … to every business. … They're an increasing cost. … They're getting more and more sophisticated … and I just think there's so much bad IT everywhere I go. … I've done quite a lot of work … for the National Health Service for example … and it's just (sighs). … I mean it would cost a lot … for them to have brilliant IT. … But on the other hand the amount of time that gets wasted … because of their IT systems … and I'm sure everybody who works there would agree … that we really perhaps should do something about that. … So if you measure the biggest time wasters … I bet IT will be one of them. … And if you just sit and observe a person trying to work … have a look at whether the IT gives them what they want. … I think it's a massive hidden cost. … I've booked into hotels … and the woman's typing away and she takes ages … and in the end I say, "Are you all right?" …
- 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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