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budget-sec18C_6 - Optimization Strategies Mission Revenue...

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Cost Control Strategies: William J. Ward, Jr., MBA 1 Section C Centralize Approach 2 The Centralized Approach ± Sometimes counter-productive ± Hiring freeze ± Additional layers of authorizations Maximization and/or Optimization Strategies Mission Revenue Expenses Profits Survival Strategies Growth Strategies Control Strategies (Volume, Price, Collections) 3 The Centralized Approach ± Sometimes counter-productive ± Hiring freeze ± Additional layers of authorizations ± Sometimes this has merit ± Keeping productive workers working ± Specialization ± Job enrichment Maximization and/or Optimization Strategies Mission Revenue Expenses Profits Survival Strategies Growth Strategies Control Strategies (Volume, Price, Collections) 4 The Centralized Approach ± Sometimes the only option ± Consolidating departments
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Unformatted text preview: Optimization Strategies Mission Revenue Expenses ProFts Survival Strategies Growth Strategies Control Strategies (Volume, Price, Col ections) 5 Blending the Strategies ± Inspiration, not perspiration ± Supportive environment ± Setting realistic expectations ± ±ar sightedness Maximization and/or Optimization Strategies Mission Revenue Expenses ProFts Survival Strategies Growth Strategies Control Strategies (Volume, Price, Col ections) 6 Lecture Evaluation Please take a moment to evaluate this lecture. Your feedback is very important and will be used for future revisions. The Evaluation link is available on the lecture page....
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