Handbook of Cost Reduction Plans: Implementation, Success Factors, and Best Practices
Co-Authored by GPMIP Partner, Guenther Jauck
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This book provides support, implementation, and follow up to measure the success of cost-cutting plans. The focus here is not on tax or commercial law aspects, but a managerial and practical approach.
In particular, the effective program management, the management of the baseline, the use of benchmarks, accounting consequences and the role of IT.A distinction is made between strategic and operational measures fields and measures to reduce the cost of capital. Current practice examples as well as the presentation of the results of an empirical study on cost-cutting plans in the corporate practice round off the manual. The book provides the reader with a compact overview with a wealth of concrete recommendations for action.