CEO Discussion

Business Solutions - The Positive Way, Cost Reduction and Profit Improvement

 

 

 

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Cost reduction and profit improvement for businesses

The Five-minute C.E.O. Climate Quiz - Discussion

A Cost Effective Organization (CEO) uses all of its vital resources wisely and efficiently to accomplish well-defined goals. It has its eyes on the future and its feet on a strong foundation of good business practices. It is alive and growing, changing with the times and even leading for others to follow. CEO's consume challenges and are healthy. The are appreciated by their investors, clients, and stakeholders because they continuously create value.

This measure is designed to examine how your business is managed and how your people are lead. Cost Effective Organizations are characterized by the presence of the factors that would generally be found when one answers "yes" to the questions on the quiz. They represent an awareness of common goals, measures of success, and respect for people that are often associated with organizations that are creative, innovative, and successful. While there is no absolute breakpoint for success, one would want to encourage the awareness and support for a working climate in which these factors are present.

The majority of these questions relate to people because they influence the effective utilization of the seven vital elements and resources of cost effective organizations:

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financial, 

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material,

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space, 

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time, 

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energy, 

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knowledge, and 

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people.  

If you are providing your people with respect, a comfortable environment, supporting them with the appropriate tools and training, communicating well, and sharing the mission and vision of the organization, you have a much greater chance of success than if you do not.

Climate takes a long time to change but it can be changed by effective managers and leaders who are willing to put in the effort to make it happen.  Studies indicate that management (and their practices) have 75% of the influence on climate.

The Profit Improvement Process is one approach available to management for creating positive change and a CEO climate.

visit www.profitpro.us our new website dedicated to cost reduction and profit improvement.

Link to a Profit Improvement Process Summary at ProfitPro.us

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Cost Reduction & Profit Improvement
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