The Cost-Effective Organization: How to Create It How to Maintain It

The Cost-Effective Organization addresses two related subjects: how to conduct a thorough analysis of an organization to identify and eliminate unnecessary expenses and how to ensure that those expenses don't creep back into the organization's budget, once it has gone through the difficult and painful process of cost reduction. Hickel discusses the need for vigilant management and the cooperation of all employees of a company during all phases of the business cycle. Human factors are important in the business cycle since, when times are good, there is a tendency to overspend, and when times are bad, there is a tendency to pull back. The negative effects of these cycles on the quality and timeliness of the work soon becomes intolerable to managers, employees, and most important, to customers. The success of such a program leads to higher pay and greater job satisfaction for everyone in the company.