CFO Reality Check: Good Intentions in Cost Management are not Good Enough
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Transcript of CFO Reality Check: Good Intentions in Cost Management are not Good Enough
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Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.
CFO reality check: Good intentions in cost management are not good enough
![Page 2: CFO Reality Check: Good Intentions in Cost Management are not Good Enough](https://reader031.fdocuments.in/reader031/viewer/2022022203/586f9c9a1a28abcc238b5b43/html5/thumbnails/2.jpg)
Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.
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So why are so many CFOsdoing so little?
Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.
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Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.
CFOs must act now.
Strategic cost management offers a radical approach and is unique in three ways…
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Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.
THREE WAYS STRATEGIC COST MANAGEMENT OFFERS A RADICAL APPROACH
It’s comprehensive and goes beyond blind cost cutting. The goal: increase profitable growth in areas such as product & service innovation, and better customer experiences.
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Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.
THREE WAYS STRATEGIC COST MANAGEMENT OFFERS A RADICAL APPROACH
It means doing more than dabbling in digital. Identifying low or no value activities and re-‐investing to drive growth happens faster and cheaper with digital technologies.
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Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.
THREE WAYS STRATEGIC COST MANAGEMENT OFFERS A RADICAL APPROACH
CFOs need to get in the driver’s seat to become true catalysts for strategic cost management and extend their roles as enterprise value architects.
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Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.
LEARN MOREabout how CFOs can get started, including three
fundamentals to help realize competitive advantage, with our full report:
CFO reality check:Good intentions in cost management are not good enough