▪ Set measurable cost-saving goals aligned with strategy
▪ Communicate these ensuring alignment at all levels
Alignment
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Align reward with cost savings
Ensure senior leadership visibly supports and champions Integrate cost-conscious behaviours into daily operations
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Recognise and reward cost saving contributions
Rewards
Commitment
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Change Advisory Board
‘Guides -Enables- Builds-Monitors & Drives Continuous Improvement’
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Launch programmes to drive cost management innovation Conduct regular workshop for skill development
Engage key stakeholders for support and buy in Form cross functional teams to oversee cost-saving initiatives
Skills
Engagement
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▪ Embed cost-conscious values through regular communication and training
▪ Use advanced analytics to monitor spending and track progress ▪ Implement real-time dashboards for visibility and decision making
Values
Systems
▪ Re-enforce cost-saving as a core company value
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