Tag Archives for " cost "

Doug Hudgeon – The Cost Reduction Tip: Fix Core Problems

By Doug Hudgeon The Cost Reduction Tip Some problems just need to be fixed, regardless of cost. Last year, near our apartment in South Delhi, maintenance workers spent more than two months resurfacing our road. Every fortnight thereafter (and possible continuing to this day), a sinkhole would appear in the road and a roadwork crew […]

Keep Your Passengers Informed

By Doug Hudgeon The Cost Reduction Tip Tom Bender from SpendCorp contributed today’s tip: It’s not enough to do good work, your stakeholders must see that you are doing good work: control, track and report. Doug Hudgeon who is lawyer and vendor management professional who has branched into finance and accounting shared services management.

Cost Management Tip – Simplify Requirements Before Embarking on a Change Program

A PROFITABLE DIALOGUE

By Doug Hudgeon The weekend cost management tip On the weekends, I’ll give a short cost management tip without web or book references. Today’s tip is prompted by an article in the Sydney Morning Herald describing the woes and hopes of Sydney’s public transport e-ticketing project. In 1999, the NSW government signed a contract to […]

Assign Clear Personal Responsibility for Each Cost Line to a Single Individual

By Doug Hudgeon The Cost Management Tip As I’ve planned my upcoming tips, I’ve been pondering which tip will be the most important. I now think this is it. You cannot reduce cost in your organisation unless you assign a single person the task of, and regularly hold them to account for, improving each cost […]

Change Your Processes Before Implementing New Software

By Doug Hudgeon The Cost Reduction Tip The success rate of software implementations is woefully low. There are lots of reasons for it ranging from overselling by vendors, overspecing by customers, lack of consultation with stakeholders, under-resourcing the implementation team, etc. But in my view, much of the source of failure comes from unnecessarily bundling […]

End “Administrative Incoherence, Blurred Authorities and Reluctance to Accept Managerial Risk”

By Doug Hudgeon The Cost Reduction Tip Today’s tip is quote from a yet-to-be released report calling for dramatic cuts to the administrative overhead of the Canadian military. Today’s Globe and Mail has printed key parts of the 80 page report prepared by Lieutenant-General Andrew Leslie, Canadian Forces Chief of Transformation. The printed excerpts could […]

Create a High Profile Internal Team to Identify Best Practices and Embed a Cost Conscious Culture

By Doug Hudgeon The Cost Reduction Tip In this tip I discuss embedding a cost conscious culture where you have a number of comparable operating units. Examples include retail banks or multi-site operations such as a national insurance brokerages, consulting firms, law firms, or logistics providers. Where you have the multiple operating units, you have […]

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