Cost Cutting Training Course

Are you looking for ways to reduce costs and increase profitability within your organisation? This course is designed to equip you and your team with the necessary skills to identify and implement cost-saving strategies. Learn how to cut costs effectively without damaging productivity and existing service levels to critical customers and clients.

With a thorough understanding of cost-cutting tools and tactics, you will be able to make informed decisions that will positively impact your organisation’s profitability. Take a proactive approach towards managing costs and help your people apply practical solutions to cut costs.

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Key Learning Outcomes

Your Cost Cutting Training program will give participants the skills in:

Understanding the importance of continuous improvement
Using appreciative enquiry as a tool to eliminate unnecessary expenses
Identifying tangible and intangible waste
Understanding the correlation between customer expectations and cost cutting
Communicating cost cutting as an opportunity
Conducting health checks on existing processes
Mapping out any problematic areas that are sensitive to cost cutting measures
Dealing with cost cutting saboteurs
Dealing with difficult people
Breaking down communication silos
Ensuring effective flow of communication within the organisation during change
Applying critical knowledge and removing role ambiguity
Strategic Thinking and Lateral Thinking – the 2 pillars of cost cutting
Embedding Lean Thinking into daily habits
Maintaining productivity
Applying FLOW

Course Description

We need to cut costs. We need to cut costs. We need to cut costs.

It doesn’t matter how many times you say it. People and organisations need to know how to cut costs effectively without damaging productivity and existing service levels to critical customers and clients.

Help your people apply lean thinking practical solutions to cut costs.

Take the Test – How good are your cost cutting skills?

Ask yourself the following questions:

Our people have a ‘can do’ cost saving attitude
Our people make fast and correct decisions during a crisis
Our people can map out a cost cutting problem and present an action plan
Our people feel they are fully in tune with what’s happening and why
We have a culture that understands standardisation and systematic problem solving
Our people know the importance of cross cutting
Our people periodically review our operational processes and cost cutting methodologies
Our people set contingency plans
Our people are aware of the different types of changes that may occur and are prepared
Our people think on their feet
Our people feel empowered to reduce costs
Our people have allocated resources for managing cost cutting
Our people are aware of the role of process improvement
Our culture rewards creativity and new ideas
Our people know how to effectively manage anxiety, body language and stress levels during a change
Our people know how to communicate cost cutting activities to our stakeholders

Would you like to attend this program?

For maximum effectiveness, this program is best conducted as an in-house program.
Ideal group size: 4 – 12 participants.
Venue: For your convenience, you can choose to conduct this program at your business premises. Alternatively, we can provide a training venue at a small additional cost.
Duration: This program can be adapted to meet your requirements.
Cost: Price on request.
Target Audience: Employees, Supervisors, Team Leaders, Senior Managers or CEOs.

If you would like more information on this training program, please contact:
Deborah Dear – Marketing Manager
PH: 1300 323 752
Email: [email protected] or visit our website today.

Cost Cutting Training4.2 out of 5 based on 87 user ratings.