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Source One: The “Thinking” Professional’s Solution (Source One LLC Profile)
A Gartner study released at its 2003 Gartner Symposium/Itxpo 2003 stated half of the year’s outsourcing projects would fail to deliver on bottom-line promises. (Information Week; March 26, 2003)

What would you prefer for cost cutting, Offshoring or Process Improvement? (A PI Q&A)
Network Member Question It is quite common to jump on the bandwagon of offshoring to cut costs. Some are questioning the productivity of this approach. What do you think should be given more preference and how would you drive the implementation? Dr. Ravi Pandey Executive Coach, Management Consultant (Lean/DMAIC/DFSS, and Business, Product & Operations, Healthcare Transformation) Orlando, Florida

Other time reduction Related Articles

Wanted: jobs for Africa’s youth - Policy Reforms
“For successful poverty reduction, African countries have to be in the driver’s seat,” says World Bank Africa Region Vice-President Gobind Nankani. “Africans know best where the shoe pinches. They should craft their own poverty-reduction strategies based on national realities.”

Microfinance as Key Poverty Reduction Strategy Paper (PRSP) Component: The Majority of PRSPs Include Access to Financial Services
By the late 1990s, it was clear that something was not working in the field of development. Deteriorating economic growth in Sub-Saharan Africa, the failure of Structural Adjustment Programmes used by the World Bank and International Monetary Fund (IMF) and the question of how to link debt relief to poverty reduction led policy makers to adopt the Poverty Reduction Strategy Paper (PRSP) initiative in September 1999.

Stop Workplace Stress In Its Tracks
It's difficult, if not impossible, to avoid stress entirely. These tactics will allow you to perform emergency stress reduction, but you must also be aware when you're beginning to feel stressed. Do a self-check periodically (hourly, when you get up and move, or some other interval that works for you) so you can notice stress build-up so you can take these stress reduction steps before the stress level becomes unmanageable.

What is "sustainable growth"?
Everyone wants growth. Even if individual approaches vary - in strategy, style, culture or speed - few directors really want to see a reduction in revenue, and fewer want a reduction in profit. We all want more: even when our aspirations have evolved to include a "triple bottom-line" of "people, planet and profit". There are certainly some independents who want to work fewer days per year. Even they however still want to achieve more in those days that they do work, and wish to secure their future pipeline of customers. Before exploring the benefits of sustainable growth, let's begin by understanding what "sustainable business growth" actually means in practice. We can summarise this in nine key characteristics:

The Smart Alternative to Layoffs
The slowing economy has sent many of my clients back to the drawing board to take a sharp pencil to next year's budget. Small businesses run lean and mean most of the time, so there aren't many significant line items available for reduction… until you get to payroll.

Reduction to the Achievable
There is the classic sales technique called “reduction to the ridiculous”, whereby the cost of the item being offered for sale (or the premium above a competitor’s offering) is framed in terms of the cost of a daily cup of coffee. If we take the concept (a big thing made up of tiny pieces) and apply it to goal setting and target achievement, then it becomes a useful tool when undertaking an ambitious objective - "Reduction to the Achievable"

Starting a Cost Reduction System, a few ideas!
Putting a cost reduction strategy is always beneficial but many times difficult to start. I have listed a few steps below just to get the juices flowing and an entry into cost reduction. Put them to use and brainstorm a few more. But the most important tip I can leave behind is one the you have heard many times before...

Cost Control, Cost Reduction after you cherry pick; get serious about Productivity Improvement
Cherry pick, gather the low hanging fruit. That's good Cost Control advice, but then what? Especially if a double dip recession is upon us and cost reduction is paramount. To reach the next level of productivity improvement may be a bit harder, but the results can benefit your organization structurally over time. This article explains some actions and their value. For a deeper analysis, my Amazon book called Cost Reduction; Survive, Recover, Thrive offers actions for any phase of the economy, for all levels of the organization chart. It is listed on Amazon, search by the title please. It is available in a Kindle edition as well as paperback.

Debt Reduction Tips Every Joe Needs
Are you currently living each day worrying where you will get money to pay off your debt? Well, it's about time you start reading up on some debt reduction tips that will help you manage your money as well as stop you from living off your paycheck!

Appealing Your Property Taxes
Thousands of Texas homeowners will go through the property tax appeal process this year because the appraisal district incorrectly assessed their home's value. Sometimes getting a satisfactory reduction takes some time, but it is important to utilize the options available until you are offered a fair reduction.

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