Showing posts from September, 2012

About saving costs

Saving costs is something every organization needs to do now and then. Usually the focus is on training, travelling, personell, office costs and vendors. However, there are a few areas that usually are overlooked when cutting costs. As these are very important and big costs they definitely demand more attention from the managers. First - "Projects that get 90% done.... but are not launched" . A project that is almost launched is like an "almost goal" in football. The effort has been made - work done and money spent - but there is no use of it.  If you look around in your organization I am sure you can find numerous such things. For example: - Strategies that were worked out by a team and left then laying in the shelf - New products that were developed, but never introduced to the market - Process development that was designed, decided on, but not implemented In many cases the reasons for not doing the last bit are subjective. A person leaving or a change of mi