Sustainable Cost Management (SCM) provides clients with the ability to manage and align costs with their business strategies on a continuous basis. This can yield substantial benefits, including:
- Reducing costs (by up to 15 per cent) even if performance improvement programs have been undertaken in the past
- Improving core and support processes while achieving enhanced customer satisfaction levels
- Establishing a framework for continuous improvement and ongoing performance measurement
The environment in which SCM could provide value includes where:
- Businesses are steadily losing ground to their competitors
- Businesses in mature industries are becoming unprofitable
- Businesses are in growth industries where costs growth exceeds revenue growth
- Government departments face reductions in their budget
- Mergers and acquisitions activity is failing to deliver expected economies of scale
