Driving down costs

The intelligent cost manager toolkit

• Finance managers will benefit from learning how the finance function can be a strategic leader on cost management.
• HR managers will discover how to manage the cost of in house staff.

A toolkit of key ideas and cost management strategies, frameworks for analysing cost and practical techniques for implementing cost reduction, this course will cover urgent one time cost cutting and sustained long term cost management. It will also address how to balance tough cost management with core values, team motivation and growth.

Andrew Wileman is a consultant to CEOs and board-level clients in large multinational enterprises and has run over 50 big one-time cost reduction projects, in Europe and America. He is also a business writer, author of the recent book Driving down cost (which was praised highly by the Financial Times and The Economist and was Chartered Accountant magazine's book of the month) and regular contributor to business journals such as Management Today, the Financial Times and the Conference Board.

He was a senior partner with OC&C Strategy Consultants and has also worked with Booz Allen and BCG. He has an MBA from Harvard.

• leadership: how managers can take the lead and set the tone
• techniques and tactics: generalised ideas, approaches and analytical frameworks
• people: how to tackle the most difficult cost area, full-time staff and the role of HR
• suppliers: all other cost categories, from raw materials to outsourced services
• the internet and globalisation
• lateral thinking: how to turn conventional thinking about cost on its head
• cost management as strategy in areas like M&A, pricing and new growth opportunities
• a cost-cutting case study
• 'intelligent' versus 'unintelligent' cost management
• cost containment: how to pre-empt cost growth
• how the finance function can be a strategic leader on cost
• cost in the public sector.

The course will start with registration and coffee at 9am and finish at 5pm. Morning coffee, lunch and afternoon tea are provided.

6 CPD hours (where applicable)

Find out more
If you have any queries please email or phone us on +44 (0)845 026 4722.

CIMA on demand
CIMA on demand is a high quality online professional development solution, specifically designed for busy finance and business professionals. Find out more.