9 min listen
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 is the Digital Mindset? by This is Digital