Tag Archives: Costs

Cost Reduction (Top 10 Business Challenges)

When business is good, it’s easy to forget that by implementing year-round cost reduction strategies, you may avoid having to take more drastic measures in leaner economic times. These strategies could range from reducing personnel or buying cheaper office supplies to converting manual processes to electronic ones, or outsourcing payroll or recruitment. Given the wide range of possibilities to consider, it is not surprising that different employees may have different approaches to cost reduction, depending on the combination of colour energies they are strong in. Insights Discovery® uses a four colour model, comprised of Cool Blue, Fiery Red, Earth Green and Sunshine Yellow energies, to describe people’s strengths, styles and team contributions. The unique combination of these helps to determine why we each think and behave the way we do. On a good day, an individual that can use Fiery Red …

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