Tag Archives: Cost Reduction

Strategies and tactics for turbulent times

All our businesses are being impacted by turbulent conditions. We are in the middle of uncharted territory with COVID-19 overlaying a relatively anaemic market. Furthermore, this is just one of the latest sets of shocks we have had to navigate (such as bushfires and trade-wars). Yet now we are facing the real possibility of a […]

A Survival Strategy for Extreme Economic Turbulence

Markets are suffering, the world is in a state of high anxiety, supply chains are being disrupted and many companies are already being driven into deep losses. In short, we are in a period of extreme market turbulence. So, how do we lead our organisations through the crisis? Fortunately, the world does have plenty of […]

Making your business resilient to economic fluctuations

‘The Australian Bureau of Statistics data shows the economy grew by 2.3 per cent over the year and 0.2 per cent in the December quarter – below market expectations and well short of Reserve Bank forecasts of 0.6 per cent (1). ‘Business conditions suffered their biggest monthly fall since the global financial crisis over December […]

The Problem with New Year’s Resolutions

As last year came to a close and the new one is upon us, we reach the inevitable introspection that leads to pondering our New Year’s resolutions. We review the ledger of the good, the bad and the indifferent. On the outcome of this scale we decide whether the year was positive or one of […]

Making the Most of a Restructure

  With anaemic growth, high competitive intensity, and deep uncertainty, organisational restructures seem to be the order of the day. Yet they are notoriously difficult to effectively conceptualise and execute.   However, if you are seriously considering restructuring, then it is essential to understand how to make the most of the risk being taken. This […]

Back To Thinking About Unit Costs

  By Roger Perry, Managing Director of the Bevington Group We might have a mining boom, but it is now clear that it is not boom time for all industries. As uncertainty pervades many markets, pressures are mounting on volumes and margins. Consequently, actions are already being taken to control current and forward costs. The […]