Cutting Cost without Cutting the Business
Most cost programmes destroy more value than they create because they are designed by people who do not run the operation.
Where cost actually sits
- Layers that exist to manage other layers
- Reporting that nobody acts on
- Processes inherited from a smaller company
- Tools and licences nobody uses any more
Where to never cut first
- The product investment that produces next year's revenue
- The senior commercial talent who carry the relationships
- The training and onboarding that protect the operating standard
How to do this honestly
Cost work that respects the business is line by line, not across the board. The CEO has to own it personally. Delegating cost reductions to consultants almost always destroys more value than it saves.
https://niklaslindahl.com/essays/cutting-cost-without-cutting-the-business