NEW FSN FEATURE
Tightening your belt? Are you making the most out of your forecasting systems?
21st April 2008
With media attention turning to the possibility of recession businesses will increasingly look to reduce the size of their cost base. For those with limited experience of a downturn the temptation is to make wholesale cuts across the business, for example a five percent reduction in overheads in every department. But such arbitrary cost cutting rarely fails to deliver a desirable outcome and potentially could be very damaging in the medium to long term. Gary Simon , FSN's managing editor examines how performance management systems can help.
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