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Strategies for Corporate Efficiency and Cost Reduction (SCEC)
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There are only two things any organization has to do to be completely successful—serve the customer well and do it efficiently. That concept is simple, but it certainly isn't easy. This program will concentrate on the latter of those ideas and discuss various proven strategies that any organization can follow and are guaranteed to improve both efficiency and cost reduction. The important thing is that the strategies work without sacrificing the important aspect of serving the customer well. In t

6/30/2015
When: 6/30/2015
11:00 AM - 1:00 PM
Where: Webcast/Webinar
Presenter: Art Pulis, MBA
Contact: April Deneault
801-834-6634


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There are only two things any organization has to do to be completely successful—serve the customer well and do it efficiently. That concept is simple, but it certainly isn't easy. This program will concentrate on the latter of those ideas and discuss various proven strategies that any organization can follow and are guaranteed to improve both efficiency and cost reduction. The important thing is that the strategies work without sacrificing the important aspect of serving the customer well. In today's business environment, the organization must be more efficient than the competition. Everyone must be in total agreement that increasing efficiency is best for everyone in the organization. The old system would often cause friction with management wanting greater efficiency, but labor against greater productivity. This program will introduce systems causing everyone to be on the same page gaining from more efficiency.

Objectives:

* Understand why some organizations are far more productive than others * Learn how to have everyone want to improve productivity * Determine models that are guaranteed to improve efficiency

 

Major Subjects: 

* Two contrasting ways to increase productivity * Old way—coerce people to be more efficient * New way—have people want to be more efficient * Current examples of both methods * Identifying and eliminating efficiency robbers build into the system * Salary ranges * Old-style budgeting * Out of date human relations * Developing a gain-share system where everyone gains from productivity * Developing the model * Examples of gain-share systems that work * Pitfalls to avoid * Metrics and cost control * Developing metrics that work * Uncovering fraud through ratio analysis * Measure the cost and the efficiency will increase * Developing and implement a continuous improvement system * Using the knowledge of those who know the costs * Benchmarking for improvement


Designed For:

All finance professionals including public, private and non-profit organizations and their members—CFOs, CEOs, Controllers, Auditors and Managers

Prerequisite: Experience and/or exposure to financial management

Advanced Prep: None

 

Speaker: Art Pulis, MBA

Vendor: Surgent McCoy

Field of Study: Management (2)

Level: Intermediate

CPE Credit: 2 Hours

Acronym: SCEC

 

Registration Fees: $89

  

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