In the News

Downsizing Not the Route to Profit
Customer Management
September 1, 2003

UK companies experiencing a downturn in business due to the state of the global economy should not consider downsizing and layoffs as a short-term solution to financial difficulties - instead they should make better use of their greatest resource, their employees.

This is the clear message form a new book "Cutting Costs Without Cutting People" in which author Perry J. Ludy outlines a five step method for cost reduction and profit improvement that starts with establishing a Profit Building team, a cross-section of the best and brightest employees in the company.

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