Paul Goydan’s Post

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Senior Partner and Managing Director - The Boston Consulting Group (BCG)

Thrilled to announce the publication of our latest piece in Harvard Business Review on redefining cost management for enduring success. Together with my colleague Kevin Kelley, we share how a holistic cost strategy, informed by in-depth insights and a commitment to organizational alignment, can pave the way for sustainable savings and foster long-term growth.   Read what five strategic actions business leaders can implement -- not just to effectively cut costs -- but to transform them into levers for strategic advantage. #costmanagement #leadership

Don’t Wait for a Crisis to Reduce Costs

Don’t Wait for a Crisis to Reduce Costs

hbr.org

Rich Young

Fine Tune | Vice President, Marketing | Spend Reduction

7mo

Excellent read. "A Strong Start Doesn’t Always Lead to Lasting Cost Savings"... wow this is spot on. Been writing quite a bit past few years on what we call "Good Contract, Bad Deal," which ties directly to what you found in the survey results. Without dedicated and vigilant management, a good contract won’t be worth the paper it’s written on and you will find yourself with a good contract in a file folder on your computer, and a bad deal in reality.

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Fabiana Corredor

Finance & IT Transformation | Shared Services | Nearshore Outsourcing | RPA & Intelligent Automation

7mo

I love the title of this... spot on!!!

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Rohit Nalgirkar

Managing Director and Partner at Boston Consulting Group (BCG)

7mo

Congratulations, Paul

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