program of measures
Dissatisfaction with modern economic education over the years has been deafeningly ripening at universities around the world. Finally, this discontent broke out. The media reported on an unprecedented event: at the University of Harvard (USA), the world citadel of training economists, financiers and managers, a strike of several hundred students was held in late November 2011 in the form of demonstrative withdrawal from the lecture. The lecture was delivered by Professor Gregory Mankyu as part of the Economics 10 course. The purpose of the strike is to protest against the bias of the course, its isolation from real life, the inability to form a critical and at the same time constructive attitude of the student towards economic realities. Continue reading
This algorithm is universal regardless of whether the cost reduction is carried out as a one-time project or as a regular process; the difference will be in the intricacies of performing individual procedures at each stage of the algorithm. As practice shows, the most problematic is to collect information about business processes, since all other information is more or less available, although not always relevant.
The general algorithm for reducing costs in the company is the following sequence of work:
setting (clarification) of the goals and objectives of the project;
diagnostics of costs and identification of promising directions for their reduction;
activity diagnostics (business processes, losses, organizational structure, personnel);
analysis of activities in promising areas of cost reduction; Continue reading