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Plug Your Profit Leaks: Exploring Ideas to Significantly Save Time and Money

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Course Description

Be recognized as one who can instantly add value to your organizations bottom line. This hands-on CPE course gives you proven techniques for plugging the most overlooked profit leaks. Learn specific strategies for lowering costs, improving productivity, and becoming a more efficient organization. Explore different methods to see how easily you can put them to work. Topics Discussed: Profit leaks and ways to identify them Using the rule of 80/20 to analyze costs Saving money and increasing productivity through rewards and recognition Ways to analyze the bottom-line impact of major decisions Tools to measure the customer-service impact of Cost-Cutting Initiatives Measuring efficiencies or inefficiencies of work processes Process for collecting ideas that increase profits

Learning Objectives

Develop a clear understanding of the organizations strategy and how it drives costs. Improve internal processes for maximum effectiveness. Define what is most important and use that to create leadership leverage. Identify and remove costs that do not benefit the customer and create company-wide awareness of the impact of costs. Use specific tools that detect, prevent, and fix profit leaks.

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Learning Format 14.0 Hours
Self-Study / On-Demand

Credit Type(s)
Management Advisory

Knowledge Level
Intermediate