Friday, April 1, 2011

These questions are designed to extend your thinking

These questions are designed to extend your thinking in more creative Roberto Cavalli Sunglasses,ways to reduce costs in constructive ways.

How can our business model be changed to both increase revenues and cut costs much faster than our competitors?

By starting with a focus on expanding revenues, you are much less likely to fall into the trap of working on volume-reducing business model alternatives.

How can we find ways for suppliers to pay us?

This is a more aggressive variation on getting resources for free. If the connection to your organization is valuable enough, people will pay you to have an association. For instance, cookbook authors are expected to buy a large number of books before a publisher will take them on. That's because there is an oversupply of both cookbooks and those who wish to write them. Whether or not you think Fendi Sunglasses, of any opportunities, considering this question should open your mind to places where free or lower-cost resources can be made available to your company.

How can more people work on finding cost-based business model improvements for us?

Innovation in this area is in part a numbers game. Take equally good questions to answer, and the organization that has more people thinking about them should come up with more and better alternatives. Obviously, if everyone is only working on this question, basic business doesn't get done. Chanel Sunglasses, Having a reputation for wanting these ideas and recognizing and rewarding those who produce them are great places to start.

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