Driving Enterprise Cost Management in the New Normal
18 September, 2012 | (01 hr)
The months and years ahead are likely to be characterized by ongoing economic uncertainty, reduced consumer demand, and higher than average unemployment. These challenging business conditions appear to be the ‘new normal’. At the same time, companies are being asked to spend less and grow more. But what should be the focus after all the low-hanging fruit have been picked?
During this webcast you’ll learn how effective enterprise cost management relies on a delicate balance between defining cost management strategies and implementing them in a sustainable way. Attendees will benefit from an interactive discussion with panelists, who are currently executing a cost transformation program as a part of a larger business turnaround.
In viewing, participants will:
- Gain an understanding of the ways to preserve, enhance, and leverage cost and liquidity gains made during the downturn
- Explore how some companies are pursuing growth opportunities while still containing costs and driving efficiency
- Benefit from insights related to recent lessons learned, including setting realistic goals, and promoting effective communications
Audience: CFO; CEO; COO; Controller; VP, SVP, and Director of Finance; Procurement & Sourcing, Strategic Development, Human Resources and Compensation and Benefits; as well as other cost management professionals, including six sigma and lean specialists, responsible for driving and supporting organizational wide cost improvement initiatives
Rick Ferraro is a Director in Deloitte Consulting LLP’s Washington, D.C. office and is an expert in SG&A and organization-wide restructuring and cost reduction across many industries. Rick focuses on SG&A strategy; business model des... Full Bio
Enterprise Cost Management (ECM) calls for a delicate balance between defining cost management strategies and implementing them to withstand the test of time. For more than 20 years, Omar I. Aguilar, principal with Deloitte Consulting LLP, has hel... Full Bio