In challenging times, businesses face both increased costs and decreased sales. This profitability squeeze causes business leaders to take extreme measures in order to demonstrate results. Long term planning gives way to a short term results focused culture. Significant headcount reductions have become the largest driver of cost savings when a business struggles. Where will your organization turn next to improve the bottom line?
This keynote focuses on profitable approaches in the application of innovation to cost reduction in businesses. Innovation can be used for much more than new product creation or big sales ideas. In this session you will learn specific tools to tap into innovative cost savings ideas within your organization. Learn the processes that move business ideas through to implementation. Learn to focus the key principles of creative thinking on business survival. Innovation can be used as a strategic tool for significant organizational profitability. It can drive short term results.
The world in which we live is rapidly changing and organizations must change with it.
Frank Prince is an internationally known author, management consultant and adventurer. He has a passion for building high performance participatory teams and a commitment to providing skills to individuals that drive profitability to organizations. Clients include several Fortune 100 firms including Time Inc., Procter & Gamble, Perrier, PepsiCo, Kellogg, Yahoo, Bayer and Nabisco.
