cost cutting

Old Strategies for a New World?

A recent McKinsey survey Economic Conditions Snapshot, February 2010: McKinsey Global Survey results[1] is interesting reading – especially Exhibit 2. Exhibit 2 looks at how executives propose to deal with a new economy. It is heartening to note that a large proportion (48%) plan to introduce new products and services […]

Thoughts of Recession: Before you cut the costs 3

Sunday’s business section of The Sunday Times fell open to the headline ‘Britain facing huge job losses’. Suddenly breakfast didn’t seem so palatable and indigestion loomed. Apparently, the latest research amongst employers reveals that 38% – very nearly 2 in 5 – plan redundancies over the next 3 months. The […]