Cost Cutting

Companies are facing the challenge of having to realize immediate reductions in spending!

Description

Cost cutting refers to measures implemented by a company to reduce its expenses, and improve profitability. Cost cutting measures are typically implemented during times of financial distress for a company or during economic downturns. The cost cutting standard targets customers who want to learn and understand how to apply effective advanced cost cutting approaches.

Products

We offer a broad range of powerful Cost Cutting Standards and Reference Content as well as intensive training programs that go hand-in-hand with each other. Get to learn more about our extensive portfolio of Cost Cutting Standards, and learn how to apply their associated reference content in your own projects.

Service Offerings

Engaging in a cost cutting journey requires rethinking what you do and how you do it. We have unique experience that can help you on this journey. We offer a variety of services through our cost cutting advisors and coaches.

Benefits

There are many benefits associated with the cost cutting concepts by learning from others. You can build upon the lessons learned by leading and outperforming organizations to reduce time consumption and cost, and to increase value output. But most importantly, it accelerates your journey and helps you to succeed.

Description

In uncertain and pressurized economic environments, we are facing the challenge of having to realize immediate reductions in spending. At the same time, executive leaders demand digital innovation and transformation to enable a flexible workplace while ensuring higher productivity.

In uncertain and pressurized economic environments, we are facing the challenge of having to realize immediate reductions in spending. At the same time, executive leaders demand digital innovation and transformation to enable a flexible workplace while ensuring higher productivity.

Our cost cutting standard enhances your ability to optimize organisations’ Business Model of IT, identify areas for standardization, and where to leverage technologies to support cost cutting strategies.

The standard positions you to be able to provide enhanced views that build upon existing artefacts from organisations demonstrating the value of cost cutting through LEAD standards.

The cost cutting standard is recommended to all who:

  • want to enhance their approach to position cost cutting services with strategic executives
  • desire insight on advanced cost cutting concepts that support your ability to identify cost cutting potential
  • want to know how cost cutting can linked to transformation, and innovation
  • want to understand how to align the organisational structure with strategic, tactical and operational tier competencies; and
  • desire insight on how to develop enhanced cost cutting model views.

We offer a broad range of powerful Cost Cutting Standards and Reference Content as well as intensive training programs that go hand-in-hand with each other. Get to learn more about our extensive portfolio of Cost Cutting Standards, and learn how to apply their associated reference content in your own projects.

In order to support you in your Cost Cutting journey, we offer a variety of products and services that span across 3 main areas:

1)

We have collected the most valuable Cost Cutting lessons learned from leaders and outperformers in the market and packaged them into Reference Content. Something you can use to build upon and accelerate your journey and increase success

2)

We provide workshops, boot camps, training as well as certification of various Cost Cutting topics. All our workshops and training programs include Individual Performance Coaching that provides all participants with hands-on sparring and personal coaching, ensuring that your team will be successful.

3)

We have a cloud-based Cost Cutting tool (E+) that has the ability to document, model and architect all of your Cost Cutting components. From the Cost Cutting strategy to the roadmaps, the processes, services, information systems, data and technology. The tool has integrated templates, artefacts, models, maturity assessment and innovation heatmap concepts that support you in your Cost Cutting journey.

Examples of Cost Cutting Reference Content

Cost Cutting Management Standards ID #
Emerging Cost Cutting Trends & Disruptive Forces LEAD-ES10000PG
Cost Cutting Strategy LEAD-ES10001PG
Cost Cutting Planning LEAD-ES10007BC
Cost Cutting LEAD-ES10023ALL
Cost Cutting Outsourcing LEAD-ES10025ALL
Strategic Cost Cutting Roadmap LEAD-ES10030ALL
Cost Cutting Modelling Standards ID #
Cost Cutting & Business Model LEAD-ES20004BC
Cost Cutting & Processes LEAD-ES20005BP
Cost Cutting & Services LEAD-ES20009BCBS
Cost Cutting & Operating Model LEAD-ES20012BC
Cost Model LEAD-ES20013BCPG
Cost Cutting Measurement (KPIs) LEAD-ES20016PG
Cost Cutting Engineering Standards ID #
Cost Cutting Decomposition & Composition LEAD-ES30001ALL
Cost Cutting Requirements LEAD-ES30004ES
Cost Cutting Sustainability LEAD-ES30006ALL
Cost Cutting Artefacts & Templates LEAD-ES30016ALL
Cost Cutting Architecture Standards ID #
Cost Cutting & Business Architecture LEAD-ES40002PGBCPSI
Cost Cutting & Process Architecture LEAD-ES40004BP
Cost Cutting & Service-Oriented Architecture LEAD-ES40005BS
Cost Cutting & Information Architecture LEAD-ES40007BCSAD
Cost Cutting Governance LEAD-ES40011GO
Cost Cutting & Cloud Architecture LEAD-ES40013CC
Cost Cutting & Technology Architecture LEAD-ES40015PLIN
Cost Cutting Information & Technology Standards ID #
Cost Cutting & Cloud Computing LEAD-ES50005CC
Cost Cutting & Artificial Intelligence LEAD-ES50008PGIDBC
Cost Cutting & Robotic Process Automation LEAD-ES50009PGIDBC
Cost Cutting Analytics LEAD-ES50010PGIDBC
Cost Cutting Reporting LEAD-ES50011PGIDBC
Cost Cutting & Hyperautomation LEAD-ES50024ALL
Cost Cutting & Machine Learning (ML) LEAD-ES50025ALL
Cost Cutting & Robotic Automation LEAD-ES50026ALL
Cost Cutting & Smart Automation LEAD-ES50027ALL
Cost Cutting Transformation & Innovation Standards ID #
Cost Cutting Optimization LEAD-ES60006ALL
Effectiveness LEAD-ES60007ALL
Efficiency LEAD-ES60008ALL
Digital Innovation & Transformation LEAD-ES60016ALL
Quickscan LEAD-ES60019ALL
Organizational Assessment LEAD-ES60020ALL
Cost Cutting & Product Innovation LEAD-ES60021ALL

Training & Certification: Learn by Roles

Digital Cost Cutting Leadership
Cost Cutting Strategy Boot Camp
Cost Cutting Process Owner
Cost Cutting RPA Owner
Cost Cutting Business Analyst
Cost Cutting Service Analyst
Cost Cutting Process Analyst
Cost Cutting RPA Analyst
Cost Cutting Workplace Analyst
Cost Cutting Information Analyst
Cost Cutting Technology Analyst
Cost Cutting Cloud Analyst
Cost Cutting Innovation Analyst
Cost Cutting Digital Transformation Analyst
Cost Cutting Business Architect
Cost Cutting Service Architect
Cost Cutting Process Architect
Cost Cutting RPA Architect
Cost Cutting Information Architect
Cost Cutting Technology Architect
Cost Cutting Cloud Architect
Cost Cutting Digital Transformation Architect
Cost Cutting Architect

We also offer various Workplace workshops

Cost Cutting Business Modelling
Cost Cutting Sustainability Boot Camp

We have a cloud-based cost cutting tool that has the ability to document, model and architect all of your cost cutting components. From the cost cutting strategy to the roadmaps, processes, information systems and technology.

The tool has integrated templates, artefacts, models, maturity assessment and heatmap concepts that support you in your cost cutting journey.

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Engaging in a cost cutting journey requires rethinking what you do and how you do it. We have unique experience that can help you on this journey. We offer a variety of services through our cost cutting advisors and coaches.

Potential Value Add

Engaging in a cost cutting journey requires rethinking and refocus on what you do and how you do it.

Based on lessons learned from leading and outperforming organizations, we have created service offerings that enable you to innovate and transform successfully with your cost cutting concept. We have unique experience that can help you on this journey, and offer a variety of services through our cost cutting experts and coaches.

The following are examples of some our service offerings in the field of incremental, substantial or radical innovation.

Service Offerings

  • Analysis of the current financial situation and come up with detailed cost cutting suggestions.

  • Analyze and evaluate your cost cutting maturity levels.

  • Assess your existing cost cutting strategy and help enhance it.

  • Develop directional cost cutting aspects (vision, strategy, objectives, etc.).

  • Identify cost cutting requirements.

  • Design a new – or improve upon an existing – cost cutting roadmap.

  • Assess and develop your cost cutting concept.

  • Develop a cost cutting architecture; something that can help structure and align various cost cutting concepts and the cost cutting landscape.

  • Analyze your cost cutting role concept.

  • Rethink and transform your cost cutting workflows (manual and automated).

  • Recognize and agree on where and how to standardize.

  • Identify optimization potential within the cost cutting concepts.

  • Assign and work with your cost cutting owners.

  • Develop a continuous cost cutting improvement technique.

  • Work with change and make it stick!

Service Offerings

  • Spot your digital cost cutting potential.

  • Analysis of your current information systems and technology architecture and identify cost cutting opportunities.

  • Which processes and services could be optimized, improved and/or rethought/innovated with new technology?

  • Assess and innovate your cost cutting concepts by considering the knowledge workers; exploit your organization’s core competitive and core differentiating potential.

  • Cost cutting is not only about where to reduce expenses, but also about identifying the weakest points in the value chain. Cyber security is therefore a big part of your cost cutting journey.

  • Most organizations are data rich but information poor. Spotting your data and information potential is a critical part of your cost cutting journey.

  • Most organizations have unnecessary complexity. Learn to spot how to simplify your organization and your IT solutions.

  • Standardize: Cost cutting also includes identifying where not to innovate in order to standardize and reduce expenses.

  • Discover automation potential when moving into the cloud.

  • Develop a business and technology architecture; something that can help structure and align various cost cutting concepts in your existing enterprise landscape.

  • Work with change and make it stick! Up to 76% of all cost cutting transformation projects fail!

The Value of Applying Cost Cutting Standards & Reference Content

There are many benefits associated with implementing standards and reference content in your business, and by using them, you can build upon the lessons learned by other outperforming organizations to:

  • reduce time consumption of up to 60% – sometimes even more,
  • reduce cost; and
  • increase value output by as much as 300%!

The cost cutting standards have been specifically designed to be fully tailored and implemented by any organization, both large and small, regardless of its various frameworks, methods, approaches, products, services and activities. The standards and their reference content describe the set of steps and activities an organization needs to follow in order to replicate the ability to identify, create and realize value across any program, project or initiative.

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