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A Manager's Guide to Creative Cost Cutting 1st Edition

4.4 out of 5 stars 5 customer reviews
ISBN-13: 978-0071396974
ISBN-10: 0071396977
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  • A Manager's Guide to Creative Cost Cutting
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Editorial Reviews

From the Back Cover

Make cost reduction and control a top-to-bottom imperative!

181 Market-Tested Strategies from Wal-Mart, Intel, GE, and Other Cost-Efficient Market Leaders

Cut-costs-at-all-costs is today's competitive mantra. But while trimming payroll is often the first place companies turn, layoffs can be disruptive and damaging--and frequently end up costing more than they save! A Manager's Guide to Creative Cost Cutting details 181 methods that companies can use to trim costs in virtually every area. Many are easy-to-implement quick fixes, and all are designed to allow a company to realize long-term competitive advantage instead of mere short-term cost reductions.

Written for managers at every organizational level, this straight-talking guidebook is filled with proven techniques, including:

  • Methods for reducing Internet charges while speeding connectivity
  • Tough questions to ask before committing to a new project
  • Six Sigma processes to control frustrating--and expensive--quality defects

In today's highly competitive business world, cost cutting is more than just a suggestion; it's a necessity. Let A Manager's Guide to Creative Cost Cutting introduce you to an arsenal of cost-control weapons you can implement today and in the future to reduce expenses, expand profits, and improve shareholder value at every level of your organization.

About the Author

David W. Young is professor of accounting and control at Boston University's School of Management and a principal in The Crimson Group, Inc., specialists in customized in-house management education programs.

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Product Details

  • Paperback: 224 pages
  • Publisher: McGraw-Hill; 1 edition (November 21, 2002)
  • Language: English
  • ISBN-10: 0071396977
  • ISBN-13: 978-0071396974
  • Product Dimensions: 5.4 x 0.7 x 8.3 inches
  • Shipping Weight: 14.1 ounces (View shipping rates and policies)
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (5 customer reviews)
  • Amazon Best Sellers Rank: #1,975,696 in Books (See Top 100 in Books)

Customer Reviews

Top Customer Reviews

By Jeff Lippincott on May 8, 2006
Format: Paperback
Anyone who is well-versed in running a business will know what his or her costs are and where those costs can be reduced if need be. This is a wonderful book that lists 181 ways to reduce operating costs. People who are planning to start a business might not know where wasteful costs can be cut, and they will greatly benefit from reading this book.

I have a feeling this book was written for owners and managers of existing businesses with costs already in place that need to be cut. I read this book as an entrepreneur about ready to start a business and what I learned from it was ways to strategize operations so spending is NEVER wasteful.

Great book, and a must read for any entrepreneur who wants to build a great company.
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Format: Paperback
The book is eduactional in the sense that the ideas mentioned are all valid points and easily comprehensible. The one fault this book has starts in the first chapter when it states "Make sure you avoid these YGBK's". My question to you is what is that. I have thoroughly looked for the meaning of this acronym and have come up empty. If anyone could provide some light please do.
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Format: Paperback
Unfortunately not what I was expecting from the book - These are acceptable ideas, not really new, just packaged all together - You won't get on a lean journey and revamp your business with this book...probably good for a smaller enterprise...Still, since the price is low, it doesn't hurt flipping the pages and give a 3 stars...
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Format: Paperback
Young obviously was teasing us with the YGBK acronym -- daring us to read on and figure it out. Later in the book, in one of his YGBK descriptions, he ends it with the statement "you gotta be kidding."
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Format: Paperback
In the current highly competitive operating environment, companies are often required to cut costs whilst maintaining an acceptable level of service and quality. This calls for smart ways to cut costs. This book provides some guidance to achieve this.

With the various economic shocks that the world is subjected to, one typical target for cost cutting is reducing the workforce. This short-sighted approach to cost cutting not only causes a lot of human suffering but seldom achieves the intended objective of reducing costs in the long-run. David Young proposes a creative approach that focuses on uncovering hidden costs and reducing or eliminating them. The techniques to overcome the 21 common cost-reduction prohibitors appear to be workable and can be overcome. David Young gives some practical examples that enhance understanding of the cost cutting concepts that the author is proposing.

I found the book to be terrific and it helped me in my on-going cost-cutting efforts making them more creative and innovative. It enabled me uncover areas that costs were hidden, helping me to realise substantial cost savings.

The book is required reading for all managers tasked with the responsibility to cut costs and build profits in any department.
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