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Profit Building
Book

Profit Building

Cutting Costs without Cutting People

Berrett-Koehler, 2000 more...

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Editorial Rating

8

Qualities

  • Innovative
  • Applicable

Recommendation

Perry J. Ludy, a seasoned executive, presents his strategies for building profits and cutting costs in this well conceived book. He provides a team-based, profit-making plan that companies of any size could implement. In this simple, highly effective book, Ludy dispels myths about cutting costs and building profits. He uses examples from his professional experience to show his suggestions in action. getAbstract recommends this book to managers and executives who are responsible for cost cutting and profit building.

Take-Aways

  • The worst thing a company can do to cut costs is downsize. That should be the last resort, not the first.
  • A continuous profit-building plan should be in place so that costs can always be monitored.
  • Put a "Profit Building Process" (PBP) in place to produce immediate and continuous results based on well thought-out ideas.

About the Author

Perry J. Ludy is a business executive.