by James Reyes-Picknell | Nov 27, 2024 | Executive Insights
Why not beat tariffs by lowering costs, and becoming more competitive? It will help in your “home” market, and if you can cut enough, you’ll level the playing field with trading partners. What’s more, if you’ve lowered your costs the...
by James Reyes-Picknell | Nov 25, 2024 | Executive Insights
What do you want: low cost, low risk, high performance? If you focus on only one of those, you will certainly be disappointed. For instance, a focus on low cost will increase risks and diminish performance. How does that happen? To achieve low cost, you can stop or...
by James Reyes-Picknell | Sep 10, 2024 | Executive Insights
Outside of periods of global warfare, the world is in it’s most unstable period in at least a century. Your business needs to survive and that means adapting quickly. Covid swept the globe and governments over-reacted with restrictions that have done far more...
by James Reyes-Picknell | Aug 1, 2024 | Executive Insights
A $6 billion operation, opted to ignore a 20% annual reduction in maintenance costs (about $100 million) and a 16% annual increase in revenues (about $900 million) in order to avoid spending $20m over 3 years. I don’t think the investors would be particularly...
by James Reyes-Picknell | Jul 23, 2024 | Executive Insights
Would a 20% reduction in maintenance costs be helpful? If you are operating around $500m per year in sales, your maintenance costs could easily be $15 million or more. Could you use $3 million per year? If you are operating below capacity maybe an additional $30...
