Executives are under increasing pressure to improve financial results–despite the macroeconomic headwinds they face. What can leaders do to garner quick wins? Join us as our panel of experts discuss proven cost-reduction and growth strategies that will make an immediate impact in your organization. Don’t miss this special episode featuring West Monroe’s Marc Tanowitz, Beth Montag-Schmaltz and Brian Reavell.
Episode highlights:
1:14 - Guest introductions
3:10 - Where are the opportunities to reduce costs
4:29 - Why quick wins are so important and what that really means
5:30 - Third-party service providers are strategic partners; renegotiating their agreement
7:27 - Where clients are surprised to find savings
8:40 - How cost cutting impacts morale and service
10:05 - What does it mean to lead with empathy
11:30 - How to do communication right
12:34 - Empathy goes a long way with your team
13:00 - Who in the organization takes the lead with cost optimization
15:53 - How to prepare for difficult conversations with your team
17:50 - Sales force effectiveness
19:55 - How long does it take to see results from a sales transformation
22:50 - Obstacles to achieving fast results
23:40 - Growing your way out of a downturn - is it the best way?
25:15 - Advice for companies facing uncertainty
26:14 - Growth fatigue and what we should apply from our pandemic learnings
27:26 - What does digital mean to you?