Most organizations wait to act until they have a problem, at which point they don’t have the time to make the right trade-offs for the long term.
The best-run companies, in contrast, think of cost management as a way to support their strategy, and of cost as precious investment that will fuel their growth. They put their money where their strategy is and continually cut bad costs and redirect resources toward good costs. After all, if we aren’t directing spending to the right places, what chance do we have to grow?
This brief overview of cost reduction through utility auditing shows how a little-known process can provide a guaranteed positive ROI that only increases over time.