This week we see the importance of getting the little things right. Last weekend The Feathers Hotel Group, based in the North West of England counted the cost of a poor internet connection, when an unnamed Formula 1 team checked out of their hotel and into a rival property just a few doors away. This [...]
One of the more entertaining news stories of the Summer has been the cost-cutting actions taken by FC Barcelona. The Spanish and European champions, and one of the biggest clubs in world football announced over the summer that they were going to have to tighten their purse strings. The club are £400 million in the [...]
Now it is the turn of the Ministry of Defence to come under fire for its approach towards cost cutting in the recession. It was reported in The Times on August 18th that: “Private consultants are being paid £4,000 a day by the Ministry of Defence to help it to cut the costs of its [...]
cost-management-not-just-cost-cutting Cost-cutting is the flavour of the moment. You can’t open a newspaper or listen to a news bulletin without hearing of someone else cutting costs. Redundancies, axing advertising, retrenching – these are the keywords of the impending recession. Britain’s biggest companies are all at it. For smaller companies, these major cost-cutting initiatives may not [...]