Read More Issues of The Bottom Line For a Consultation: (877) 255-2511

The Bottom Line

 
Corporate Cost Reduction
September 2013

3 Ways to Unleash the Power of Your Team

imageSuccessful businesses do well because of their amazing teams, not their products and services. Many of us will probably agree that people and teams are the most valuable asset any business possesses and also your most critical competitive advantage. Ultimately, ideas can be copied, modified, and upgraded. However, it is difficult to copy teams and/or steal them (well, most of the time). Furthermore, a well-functioning team is more productive and efficient and thus delivers more value and output for the same money. However, this is all a moot point if you are not unleashing the power of your team. If your team is not producing and performing at its best, you are not enjoying these benefits and are susceptible to competition. This puts you in a position to fight competition in more dangerous (i.e. costly, detrimental, etc.) battlefronts like pricing and advertising.
 
Building and developing a high performing team requires many important ingredients. However, there is one fundamental element that forms the foundation for high performing teams and that is  » Read More

About Us

In today's competitive business environment, success is continually measured by bottom-line results.  Beginning in 1993, CCR has used a proven system for expense reduction that has been directly responsibile for generating significant cost savings for clients in many industries.

We generally target indirect and consumable expense categories. We sometimes look at our client's direct spend and utilize technologies such as reverse auctions.  Our strategy is to consolidate the number of suppliers, leverage the spend, negotiate better terms with our client's existing suppliers, and/or recommend a proven alternative supplier.  Our process is effective and we do all the work!

Regardless of the size of your organization, savings can almost always be generated.  Best of all, our services are contigency based.  No savings, no fee! 

To learn more about CCR, click here or contact Vic Ronder at consulting@ercinc.com

Advertisement ↓
AD
 

Did you know? ↓

Management Lessons from the Greatest Coach

image

If you had a chance to interview him, what would you ask the man who many regard as the best coach in the history of European football, and perhaps sports as a whole? I can imagine many fans have pondered that question, but last year it took on greater relevance for me.

That's because in what turned out to be Sir Alex Ferguson's last eighteen months in charge at Manchester United, my former student Tom Dye and I had a unique opportunity to study the legendary coach's leadership approach. We were able to conduct lengthy interviews with the man himself, we followed him around as he went about his daily activities on United's training ground, we saw him in action at the stadium, we interviewed several players, and we spoke with many people around him, from the club's kit manager to the chief executive officer. Not your average academic research project, in other words...  » Read More

Building Your Management Team

imageIn the early days of running your own business, it's natural to try to do as much as possible yourself. It's the most cost-effective, comfortable, sensible way to do things in the beginning. But as your enterprise grows, you'll find yourself stretched thinner and thinner. Eventually, you'll find you just can't continue to oversee operations and sales and accounting and fulfillment and marketing--and hope to continue to grow your business.

When you reach this point, it's time to think about bringing other high-level managers on board to help you out. You need to build a senior team that's able to manage all the critical areas of your business to take it to the next level.
Building your team demands matching jobs to people's strengths. That means... » Read More

Cutting Costs? Don't Look at Headcount First

imageWhen you need to eliminate lots of cost in a hurry, you’ll probably pare the work force. Problem is, labor expense accounts for only one-eighth of the average company’s revenue, according to a new analysis.
FTI Consulting, a business-advisory firm, performed the analysis on behalf of Proxima Group, a provider of outsourced procurement services. FTI looked at the 1,954 publicly held U.S. companies for which Bloomberg had labor-cost data for 2009 through 2011. Companies aren’t required to report such data in their U.S. financial filings but have to in some international jurisdictions where they do business...
 » Read More

 

Fresh Newsletter
 
Vic Ronder
Corporate Cost Reduction
27902 Meadow Drive, Suite 130
Evergreen, CO 80439
Consultation: (877) 255-2511 | Direct: (303) 674-2511
CCR Website  |  consulting@ercinc.com

 

Twitter Linkedin

Copyright © 2013 Corporate Cost Reduction