Summary of Cut Costs Not Corners

Looking for the book?
We have the summary! Get the key insights in just 10 minutes.

Cut Costs Not Corners book summary
Start getting smarter:
or see our plans

Rating

7 Overall

9 Applicability

5 Innovation

7 Style

Recommendation

In today’s distressed economy, every firm is, perforce, a cost cutter. Your company can achieve lean operations by not overpaying for supplies, lessening employee overtime and getting full value from all expenditures. But beware: Severe downsizing can be hugely counterproductive and might cause serious harm to your business while trashing its competitive position. Business professor Colin Barrow reveals the most effective ways to cut costs and outlines proven practices, tips and techniques to reduce expenditures in every area of your organization. His numerous real-life case studies underscore the imperative of making cost cutting a consistent concern. getAbstract recommends Barrow’s helpful, albeit basic, primer to first-time entrepreneurs and small-business owners who need a lucid, straightforward guide to tackling costs.

In this summary, you will learn

  • Which cost-cutting methods are merely myths,
  • What the best ways are to reduce business costs and
  • How you can slash expenses during times of crisis.
 

About the Author

Colin Barrow is a visiting professor at numerous business schools. He is the author of The Thirty-Day MBA and The Business Plan Workbook.

 

Summary

Cutting Costs – How Google Did It
In 2009, while other technology firms struggled financially, Google’s earnings increased by 19%. What accounted for this sharp rise? While sales revenue grew by 3%, Google derived the majority of its improved results from stringent cost-cutting measures...

Get the key points from this book in 10 minutes.

For you

Find the right subscription plan for you.

For your company

We help you build a culture of continuous learning.

 or log in

Comment on this summary

More on this topic

By the same author

Contained in Knowledge Pack:

  • Knowledge Pack
    Cutting Costs
    When you take an ax to your budget, how do you target only the dead wood?

Customers who read this summary also read

More by category