WHAT MANAGERS HAVE TO DO TO ACHIEVE LOW-COST LEADERSHIP
WHAT MANAGERS HAVE TO DO TO ACHIEVE LOW-COST LEADERSHIP
- Scrutinize each cost-creating activity, identifying cost drivers
- Use knowledge about cost drivers to manage costs of each activity down further year after year
- Consider fundamentally reengineering how activities are performed & coordinated
- Be entrepreneurially creative in cutting some activities out of value chain system