How to Know if the Set Target is Achievable : Strategies

Setting a target and ensuring its achievability is crucial for successful Cost Reduction. Here’s a detailed approach: 1. Define Clear Objectives 2. Analyze Current Costs 3. Identify Opportunities 4. Assess Feasibility 5. Set Measurable Targets 6. Create an Action Plan 7. Monitor Progress 8. Adjust as Needed Example If your target is to reduce costs […]