While some companies have opted to moderate costs by reducing staff numbers and deferring projects, global management consultancy firm Kepner-Tregoe is offering its clients an alternative solution whereby the company reinvests in its employees to improve business performance.
Kepner-Tregoe West Australian Managing Consultant Vince Connelly said, "Reducing staff numbers is often a necessary response, however it's not the only response and certainly won't set a company up for success in the long term."
"Our approach is to assess how business is currently being done within the organisation, to look for areas of waste or dead time, as well as areas of best practice that can be replicated. This then shows us just the critical few areas where improvement will add the most value in any business."
Kepner-Tregoe's development expertise enables organisations to deliver major cost savings, at both the team and individual level, through its targeted performance improvement approach and training programs that are designed to set companies up for ongoing success.
This is achieved by developing skills at the individual level which enable people to deliver projects on time and on budget, to solve problems which arrest business losses and disruption and to make decisions that maximise benefits while reducing risks following a thorough diagnostic of the business.
Mr Connelly's concluding advice to companies aiming to secure long term efficiency was to "invest in embedding consistent skills in project delivery, problem solving and decision making".
"Coupled with a strategy that clearly articulates how the company will win within the new environment, these skillsets are the key to unlocking lasting value," he said.
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Kepner-Tregoe is an employee owned, premier management consulting and training services company which prides itself for creating business processes that are used by millions of people worldwide that achieve sustainable results.
Professional Public Relations (PPR)