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Does Your Business Know Where Its Money Is Going?
Podcast

Does Your Business Know Where Its Money Is Going?

Karin von Funck
Boston Consulting Group, 2025
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Recommendation

A well-planned and implemented “cost transformation” will enable a business to stand out from its competitors. That’s the message from The So What from BCG podcast episode “Does Your Business Know Where Its Money Is Going?” Podcast host Georgie Frost and guest Karin von Funck identify the elements of a holistic approach to cost management that includes not just numbers but people and corporate culture as well. Control and finance professionals will find this a useful overview on how to create successful and sustainable cost transformations.

Summary

A true “cost transformation” is not a one-time, quantitative exercise.

Cost control is more important than ever, given uncertain economic prospects, inflation, technology advances, and regulatory changes. In 2025, about one-third of surveyed CEOs considered cost management their leading concern in growing their businesses. Enterprises need to understand the expenses that their organizations incur, what drives those costs, and why. Firms must ensure that every dollar, yen, or euro spent is productive and useful.

Yet effective cost transformation involves far more than crunching numbers. A deeper analysis that delves into the value of expenses requires the participation...

About the Podcast

Karin von Funck is a managing director and senior partner in Boston Consulting Group’s Munich office. Georgie Frost is the host of The So What from BCG, a podcast from the Boston Consulting Group.

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