Cost Cutting
Companies are facing the challenge of having to realize immediate reductions in spending!
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.
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.
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.
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.
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.
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
We also offer various Workplace workshops
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.
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.
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.