Double Your Profits: In Six Months or Less
| Author | : | |
| Rating | : | 4.57 (889 Votes) |
| Asin | : | 088730740X |
| Format Type | : | paperback |
| Number of Pages | : | 256 Pages |
| Publish Date | : | 2013-03-26 |
| Language | : | English |
DESCRIPTION:
One of the nations' foremost financial consultants shares 78 proven ways to cut costs dramatically, send productivity through the roof, and, in just six months, double profits.
Useful if applied with common sense, but dangerous in the wrong hands. A Fortune magazine article mentioned 3G's acquisition of Heinz and Burger King and 3G's efforts to cut costs. The article covered how 3G fired 90% of R&D department at Burger King, made huge cuts in HR, accounting, and legal departments. Burger King now has a corporate management turnover rate similar to the turnover rate of low wage workers at its fastfood restaurants; this can't be good for long term growth or attracting employees who have mortgages to pay. This book is considered 3G's bible when operating an acquired company, so I figured I had to read the book. The book. Interesting read which will make you uncomfortable Joe Stephens This book was written almost 20 years ago. A few parts of the author's advice may appear to be dated, but there is enough content to recommend the book. The author distills his advice into 78 steps taking up less than 250 pages. It is a quick read.In today's highly competitive business environment, it is important to instill a culture of cost consciousness. In the author's opinion every cost is up for grabs and needs to be justified. There is waste in any organization such as too many layers of management, the amount of time spent in meetings, spending on offsite meetings, . Leadership Lessons from a ruthless cost cutter Bob Fifer is a well known management consultant who has written a how-to succeed in business book in the right way. He has 78 short chapters, all of which apply as well today as they did when he wrote this in the 1990's. Each chapter has an example, either from Bob's business or one of his highly regarded clients.Fifer makes it clear at the start that this is a book for those who are willing and able to focus on profits. If morale, feeling good about your contributions, writing 3 page mission statements is your thing, you are probably not ready for these lessons. A few will
Executives now are focusing on the real cost control that comes from unnecessary process steps, rework, and management tampering. . Of this list, 24 are standard customer service and sales rep motivation tips, all more completely covered elsewhere. Fifer shares his Fortune 500 consulting experiences with these 78 ways to leave your losses, such as eliminating unnecessary management, bidding on supplier goods, paying invoices later, and controlling all expenses at the top. From Library Journal "Double your profits in six months or less," says management consultant Fifer, simply by following his rather Draconian cost-cutting suggestions. Pass on this one.Dale Farris, Groves, Tex.Copyright 1994 Reed Business Information, Inc.