Our Cost Optimisation methodology is underpinned by three approaches, each aligning to what we consider the most common needs and timelines a business may face to reduce costs and increase profits.
Within each approach, there are cost specific levers to pull on that we believe will deliver success.
It is vital for any cost reduction strategy to be sustainable.
However, unless validated, they may not be most suited to rightsizing . This is because our approach is designed to support cost optimisation implementation without cost-creep in future periods.
Q5 Cost Reduction Consultants offer strategic advice and practical methods to optimise your organisation’s costs. We deliver different rightsizing approaches based on your organisation’s requirements and objectives.
This approach to rightsizing is for an organisation requiring immediate cost reduction. It is usually in survival mode or must react to a one-off unexpected market impact, e.g. a recession.
Under these circumstances, we would propose a rapid 4-6 week diagnosis aimed at defining a prioritised list of cost optimisation opportunities. These are focused on quick wins and identifying longer-term initiatives from a high level.
This approach to rightsizing is for an organisation requiring immediate cost reduction. It is usually in survival mode or must react to a one-off unexpected market impact, e.g. a recession.
Under these circumstances, we would propose a rapid 4-6 week diagnosis aimed at defining a prioritised list of cost optimisation opportunities. These are focused on quick wins and identifying longer-term initiatives from a high level.
