Funding Growth and Innovation in the "New Normal": The Next Generation of Cost Savings: FMI

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Funding Growth and Innovation in the "New Normal": The Next Generation of Cost Savings Author: ICG Commerce Year Published: 2010
Description: This product is only available to FMI members, Click here to log in and purchase the product. A recent Consumer Products Executive Advisory Board roundtable discussion centered on the challenge facing today’s CEOs, CFOs and other corporate leaders - the challenge of meeting board and investor expectations for simultaneous revenue and margin growth in an improving but still difficult economic environment. Roundtable participants agreed that with consumers more value-focused than ever, top-line growth must come from additional marketing, new product innovation and new market penetration. However, with commodity prices trending higher and putting more pressure on existing margins, these critical activities must be funded by new, incremental cost reduction efforts. The roundtable highlighted that while new sources of cost savings are critical to funding innovation and growth, many companies have still not tapped a key area of hidden cost. This paper outlines the discussion in greater detail, including the nature of the challenge, considerations for industry leaders and an opportunity for “next generation” cost savings.
Product ID: 2341	Product Type: Report	Version: Electronic (digital download/no shipping)
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