The Cost Optimization presentation can help identify cost reduction opportunities in various parts of an income statement. By plugging in relevant data from their income statement into the linked spreadsheet, executives can calculate the economic value-added. This process involves examining each component of the income statement to identify challenges, potential improvements, and the results that can be gained if these improvements are made. This can help in organizing cost reduction initiatives and uncovering which will bring the greatest reward with the least impact to business efficiency.
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Want to identify the most high impact areas to save costs across your organization? Use our Cost Optimization presentation to organize cost reduction...
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This slide maps out cost reduction opportunities that correspond to specific parts of an income statement. Execs can plug in the relevant data from their income statement to the linked spreadsheet. The equation calculates what comes in minus what goes out to find the economic value-added. Examine each component to find what challenges it shows, how these challenges can be improved, and the potential results that can be gained if the improvement is made. (Slide 20)