Cost reduction activities in Fortune 500 companies
A 2009 survey by Booz & Co received responses from 155 senior executives at Fortune 500 companies and revealed that cost containment and revenue growth opportunities were being missed and traditional cost-containment measures were falling short. Of the respondents: 1. 92% cited constantly changing objectives due to unstable economic conditions were a major challenge to…
BPIR Categories
11.1.4 Manage cash flow
11.1.5 Manage financial risk