Downsizing is always a nightmare from every point of view when the decision is being considered and analyzed, and even more so when the inevitable is looming on the horizon.
Unavoidable? Not so sure….
Sometimes under extreme pressure, CEOs and business leaders think they have the immediate and definitive answer: “We need to cut costs, so we’re going to have to embark on a plan to save jobs”. How many times have we thought like this every time we’ve had to face the storm?
But have all the consequences been properly analyzed? Obviously disastrous for the people concerned, but have we also thought about the impact on existing processes, the immediate internal turbulence for the company and its future, and the impact on customers and sales? What’s more, these projects are time-consuming, and prevent us from managing and running the business, as our priorities lie elsewhere… The loss of confidence in management is at the door of this plan, both internally and externally…. As for the impact on the Company’s cash flow, let’s not talk about it… It will be massive in an already difficult period due to COVID19. Uncertainty and doubts will gain ground everywhere.
Why persevere when customized alternatives exist?
Strategic cost management allows us to put emergency downsizing plans on hold, and to generate SHORT-TERM cash that we can reinvest in our Company as we see fit.
You run your company, and we deploy the savings, make them sustainable by aligning them with your strategy, and are remunerated on success. No risk…
Imagine what you can positively generate with double-digit savings on your costs
your costs and save your company and your employees…