Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Proven (and Fast) Cost Reduction and Growth Strategies

Proven (and Fast) Cost Reduction and Growth Strategies

FromThis is Digital


Proven (and Fast) Cost Reduction and Growth Strategies

FromThis is Digital

ratings:
Length:
30 minutes
Released:
Dec 1, 2022
Format:
Podcast episode

Description

Executives are under increasing pressure to improve financial results–despite the macroeconomic headwinds they face. What can leaders do to garner quick wins? Join us as our panel of experts discuss proven cost-reduction and growth strategies that will make an immediate impact in your organization. Don’t miss this special episode featuring West Monroe’s Marc Tanowitz, Beth Montag-Schmaltz and Brian Reavell.Episode highlights:1:14 - Guest introductions3:10 - Where are the opportunities to reduce costs4:29 - Why quick wins are so important and what that really means5:30 - Third-party service providers are strategic partners; renegotiating their agreement7:27 - Where clients are surprised to find savings8:40 - How cost cutting impacts morale and service10:05 - What does it mean to lead with empathy11:30 - How to do communication right12:34 - Empathy goes a long way with your team13:00 - Who in the organization takes the lead with cost optimization15:53 - How to prepare for difficult conversations with your team17:50 - Sales force effectiveness19:55 - How long does it take to see results from a sales transformation 22:50 - Obstacles to achieving fast results23:40 - Growing your way out of a downturn - is it the best way?25:15 - Advice for companies facing uncertainty26:14 - Growth fatigue and what we should apply from our pandemic learnings27:26 - What does digital mean to you?
Released:
Dec 1, 2022
Format:
Podcast episode

Titles in the series (13)

What does it mean for a company to Be Digital? It’s not a specific technology or a destination – it’s a mindset. Join West Monroe Chief Marketing Officer Rissa Reddan as she interviews experts who are redefining what it means to be digital. This series will inspire listeners to think digitally in their own organizations – and reap the bottom-line rewards. This season, we’ll explore the importance of connecting digital experiences with physical ones, whether to build or buy new solutions to meet customer demands, and how your business can survive a recession by becoming an essentialist. For more information, visit our website: https://www.westmonroe.com/perspectives/podcast/this-is-digital