- Strategy& aiheet
Lessons from Companies that Achieve Growth after Cost Programs
Tuomas Törmänen
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Lessons from Companies that Achieve Growth after Cost Programs
I decided to write about savings programs for two reasons. Firstly, they are currently very common. According to PwC’s global survey from November 2022, 42% of senior executives globally have identified cost reductions as key components of their 2023 plans. Secondly, and more importantly, because too few cost programs generate long-term value, but there are certain key learning points that we can draw from companies who have achieved growth after savings programs.
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