While economic recovery from the COVID-19 pandemic is underway in certain industries, for some business segments, recovery may not be coming fast enough. Impacts are still being felt globally from travel and hospitality, to healthcare and insurance, to oil and gas. The pandemic has put extreme pressure on executive leaders to address budget and forecast shortfalls without sacrificing long term stability and recovery.
Industry leaders have experienced volatile financial situations before but not since the digital economy created such tightly interconnected supply chains that span the globe andtouch almost every industry. Even for organizations largely financially insulated during the crisis, such as home improvement, technology, and pharmaceuticals, now is the time to understand and optimize the enterprise cost structure for sustained growth.
Series to explore four key skills leaders must use to ensure stability and position for growth
In this cost optimization series, Thought Logic Consulting will explore a structured and systematic four-step approach to identifying key areas for improvement and potential quick cost management wins across the enterprise.