COPENHAGEN
STRATEGY

Taking out costs in an organisation is never easy, though there are ways to make the cost reductions less burdensome, while still aiming for significant cost reductions or profitability improvements.

First of all, be as open as possible about when and where cuts will be introduced. And then engage actively with your organisation to find solutions that can unlock new savings - don't fix your approach, be agile and flexible towards making your organisation more profitable.

The as the longterm solution, work towards establishing a cost-conscious culture/mindset in your organisation and be clear on what that might look like!