Home / Hilmy Cader/ Cost Cutting Vs. Slack Elimination

Cost Cutting Vs. Slack Elimination

Comments / {{hitsCtrl.values.hits}} Views / Monday, 22 October 2012 00:00


When confronted with a need to reduce costs in a downturn, the kneejerk reaction of most businesses is to cut ‘headcount’. The number of staff on your current payroll is a function of your organization’s strategies, structure and systems. Therefore, taking the ‘slack’ out of these 3 elements should happen before taking the ‘slack’ out of the payroll.

Otherwise, it could be like claiming ‘weight loss’ after

losing an arm and a leg!

Share This Article

Facebook Twitter


1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.