2011年10月14日 星期五

Investment Banker | Eight Questions That Identify Valuable Benefits Of Improved Cost Cuts

How can our business model was changed to increase revenue and reduce costs so much faster than our competitors?

By starting with a focus on revenue growth, which are much less likely to fall into the trap of working on reducing the volume of business model alternatives.

How can we find ways for providers to pay us?

This is a more aggressive in obtaining resources for free. If the connection to your organization is valuable enough, people will pay to have an association. For example, the authors of cookbooks that are expected to buy a large number of books before they editor. Let s' because there is an oversupply of both cookbooks and those who want to write them. If you believe or not every opportunity, taking this into account should open your mind to where resources are free or lower cost can be made available to your company.

How can more people work in the location based on the costs to improve the business model for us?

Innovation in this area is partly a numbers game. They answer the questions to answer as good, and the organization that has more people thinking they should get more and better alternatives. Obviously, if everyone is just working on this issue, the basic industries doesn 't do. Clearly, having a reputation of wanting these ideas and to recognize and reward those who produce are good places to start.

How can the pursuit of cost improvements based on the business model is separated into peoples' minds on cost reductions and efficient unattractive he has done in the past?

You will not receive much attention, enthusiasm, creativity, or if people feel like the activity is simply designed to result in another dismissal or painful restructuring. What incentives can afford to do and be sure to keep that can make everyone feel safer? For example, you are able to promise that there will be no layoffs for next year?

Where can you find the experience to reduce costs in areas that we know very little?

A good example is the creation of a premium price multiple actions that can be used to fund the compensation, the new assets, acquisitions and cost reduction. Chances are that neither the company nor its business banker 's investment staff has enough experience in this area. Where can I find help? Start by talking with executives from other companies that have succeeded in this way. Ask them how their experience, and how would you advise someone who is new to it right now.

Thereby reducing the cost-effective business models to strengthen the personal values ??of those who work in your company?

Cost reduction is often pursued in a way that makes people feel they are selling their securities. If you can change that, should unleash creativity like a lot of people start looking for a congruence between the new models cost reduction based on the companies and their own lives.

How can your company easier to find new business model advantages in reducing costs?

Many people claim that the creation of computer based on the experiences of working on these concepts and questions can help people feel more comfortable and experienced in this type of thinking. By combining different perspectives, knowledge and skills in a single computer, to improve the scope of what can be appreciated and considered effective. Visiting companies with more experience in this field may also help. While there is enough time to understand how what they do is different from what your company to find more cost-based business models.

How can a cost reduction greatly expand the ability of your company 's to provide more benefits to customers and the desire of end users?

沒有留言:

張貼留言