Why Do Firms Exist_ Unpacking Coase and the Costs of Doing Business (1)

AI vs. the Spreadsheet: Remaking Finance from Numbers to Insights__

Beyond the Spreadsheet Nightmare_ How to Modernize Finance in 90 Days

Healthcare Value Through Activity-Based Costing

This Podcast provides a detailed guide to achieving profitable growth through strategic cost-cutting, restructuring, and renewal. It introduces the Fit for Growth framework, emphasizing three pillars: focusing on differentiating capabilities, aligning the cost structure, and reorganizing for growth. The material explores various levers for cost reduction, including portfolio rationalization, zero-basing, operating model alignment, outsourcing, footprint optimization, process excellence, spans and layers management, and strategic supply management, often enhanced by digitization. Furthermore, it discusses leading through cost transformation, addressing morale and expectations during restructuring, and sustaining fitness through ongoing discipline and aligning organizational culture, decision rights, and motivators.

Fit for Growth Guide in Financial Institutions

COSO ERM_ ADN de la Gestión de Desempeño

Reinvención del modelo de negocio para crear valor

Este texto, escrito por Pedro San Martín y basado en fuentes de PwC, McKinsey y Oracle, discute cómo los minoristas deben pasar de recortes de costos tácticos a una gestión de costos estratégica para lograr un crecimiento rentable en un entorno desafiante. Se enfatiza la necesidad de alinear los gastos con las capacidades distintivas de la empresa, invertir en áreas clave que impulsan la ventaja competitiva y eliminar costos que no agregan valor. La tecnología EPM moderna se presenta como una herramienta crucial para la visibilidad de la rentabilidad por segmento y la toma de decisiones basada en datos. Finalmente, se destaca la importancia de una cultura de costos arraigada en toda la organización y la medición constante de indicadores de desempeño financiero clave para una transformación sostenible.

Strategic Cost Management for Profitable Retail Growth

The source "Cost as a Mirror of Strategy: Closing the Gap Between Ambition and Profitability" emphasizes the critical need for financial leaders to align company spending with strategic objectives. It argues that profitability suffers when cost structures don't reflect stated strategies, often due to inertial spending on outdated activities. The article provides examples like Blockbuster's failure and success stories like LEGO, Natura, Danaher, and Frito-Lay to illustrate the impact of strategic cost management, offering practical steps and self-assessment questions for CFOs to bridge the gap between ambition and financial performance. Ultimately, it asserts that cost management is a continuous strategic discipline that should fuel growth by directing resources toward differentiating capabilities.

Fit for Growth Guide in Financial Institutions

Peter San Martin

Related tracks