Mastering Cost Cutting Strategy
By Oi Lim
KEY BENEFITS TO THE PARTICIPANTS
Participants will:
Cover various aspects, including approaches, levers, and tools, providing participants with a holistic view of effective cost management
Develop a customer-centric approach to cost management, ensuring that efficiency improvements do not compromise customer satisfaction.
Cover key areas such as sales, marketing, supplier relationships, purchasing, assets, debts, and company value remapping, enabling participants to make informed decisions in their organizations.
KEY BENEFITS TO THE COMPANY
The Company will:
Having employees equipped with comprehensive understanding of cost-cutting strategies and a range of levers for cost reduction, companies can improve their overall financial efficiency.
Expect their staff to develop a customer-centric mindset-ensuring that cost-cutting measures are implemented in a way that minimizes negative effects on customer satisfaction, loyalty, and overall brand perception.
Expect their employees to return with actionable strategies for implementing cost reductions within a specific timeframe. This not only streamlines the cost-cutting process but also ensures that the company sees tangible results in a relatively short period.
Cover various aspects, including approaches, levers, and tools, providing participants with a holistic view of effective cost management
Develop a customer-centric approach to cost management, ensuring that efficiency improvements do not compromise customer satisfaction.
Cover key areas such as sales, marketing, supplier relationships, purchasing, assets, debts, and company value remapping, enabling participants to make informed decisions in their organizations.
Having employees equipped with comprehensive understanding of cost-cutting strategies and a range of levers for cost reduction, companies can improve their overall financial efficiency.
Expect their staff to develop a customer-centric mindset-ensuring that cost-cutting measures are implemented in a way that minimizes negative effects on customer satisfaction, loyalty, and overall brand perception.
Expect their employees to return with actionable strategies for implementing cost reductions within a specific timeframe. This not only streamlines the cost-cutting process but also ensures that the company sees tangible results in a relatively short period.
Module 1: Understanding Cost Cutting - It is a Good Opportunity!
Module 2: What Not to Do - Impact to Your Customer
Module 3: Approaches to Cutting Cost
Module 4: Selecting the Right Approach
Module 5: 50 Levers to for Cutting Cost - Implementing Cost Management Strategy
Module 6: Sales and Marketing
Module 7: Remapping Company Value
Module 1: (Cont.) 50 Levers to for Cutting Cost - Implementing Cost Management Strategy
Module 2: Supplier, Purchasing, Assets, and Debts
Module 3: Customer Focused
Module 4: Transformation Tools
Module 5: Developing Your 90 Day Cost Reduction Plan
Module 6: Engaging Top to Front Facing Stakeholders
Module 7: Feedback Mechanism - Company Governance Model
Module 8: Laser Focus via Project Management;Cost Management
CFO/COO
Financial Managers/Operations Manager
Business Owners/Entrepreneurs
Businesses that are interested in optimizing their financial efficiency and reducing expenses
OI LIM
With over 20 years of experience, Oi has led and consulted on operations for international and local corporations such as Sykes, Emerson Electric, and Alorica. They have a strong track record of launching global programs, including the Philippine shared services site, real estate initiatives, and offshore teams specializing in HR, Technical Support, and Engineering Design, as well as ERP Systems.
Oi has launched operation teams in the Philippines, China, US, Romania, and India, bridging call center and shared services sites. They are also a dedicated YWAM Project Manager volunteer. A standout business venture for Oi was "Wok with Mom," where they digitized a 78-year-old mom’s food delivery business, preserving fourth-generation recipes and gaining recognition in PhilStar, Esquire, Chinoy TV, and When In Manila. Oi holds an MBA from the Asian Institute of Management, a BSC in Legal Management from De La Salle University, and is a certified Prince2 Fundamentals practitioner.