Design a structured cost-reduction program that goes beyond salami-slicing to rebuild the cost base from zero, distinguishing value-adding from non-value-adding spend, setting differentiated targets by category, and sustaining the savings. Includes the change-management discipline that makes cuts stick.
## CONTEXT Most cost-reduction programs fail in one of two ways: they salami-slice uniformly across the organization, weakening critical capabilities along with the bloat, or they achieve one-time cuts that quietly creep back within two years. A rigorous cost program does neither. It distinguishes value-adding spend…
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