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Driving Down Cost
Book

Driving Down Cost

How to Manage Costs - Intelligently

Andrew Wileman
Nicholas Brealey Publishing, 2008

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Editorial Rating

9

Qualities

  • Applicable

Recommendation

Andrew Wileman provides a series of practical toolkits that help you achieve cuts in your cost structure to support your company’s strategic position. He also shows why cost slashing destroys brands and undermines future growth. His writing can be a bit colloquial and clunky at times, but it’s still very clear and easy to read. The book stays on point from beginning to end. Each chapter provides a list of the key ideas for each toolkit. getAbstract recommends this book to executives, CFOs, managers and others who are responsible for budgeting.

Take-Aways

  • The old ideas were wrong: You can cut costs and improve quality simultaneously.
  • If you tie your cost goals to specific individuals, it will motivate your team to implement them.
  • Look for the true sources of costs by breaking them into component parts.

About the Author

Andrew Wileman holds an M.B.A. from Harvard, and is a consultant with major consulting firms. He now consults on his own and writes columns for Management Today.

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