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Managing costs effectively is critical to business success and can help you avoid painful cuts. In this course, you'll learn how to identify cost management opportunities, get your team involved, and use tools like cost splitting and Lean.

Learning Objectives
  • Recall fundamental strategies for reviewing and reducing costs
  • Describe tactics for getting cost-conscious input from your employees
  • Recognize tactics for saving the company money on personnel costs
  • Name strategies for reducing marketing and advertising costs
  • Recall tactics for working with other groups to reduce costs for everyone
  • List the stages of the Lean process
  • Recognize strategies for effective cost management
  • Audience

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