Cost Consciousness in the Workplace

Workplace cost consciousness is every team member's responsibility from the bottom to the top. Being cost conscious helps your organization save money and ultimately stay in business over the long run. In this book, you will learn about how employees can contribute to cost control efforts by spending the organization's money wisely, including expenditures related to travel and entertainment, supply, vendor and facility costs.Managing costs effectively is critical to business success and can help you avoid painful cuts. A business is unlikely to be as profitable as it could be if it doesn't adopt a cost-conscious culture. In this book, you'll learn how to identify cost management opportunities and how to get your team involved in the process. You'll also learn how you can save on personnel and overhead costs and about using practices like cost sharing and lean.