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Author:Henkoff, R.
Title:Cost cutting: how to do it right
Journal:Fortune
1990 : APR. 9, VOL. 121:8, p. 26-30, 32-33
Index terms:COST REDUCTION
WORKERS
RESOURCE MANAGEMENT
Language:eng
Abstract:A review of downsizing, cost cutting and restructuring of workforces in the US. "Right sizing": changing the way a company manufactures and sells. "Lean and mean" companies. Overstaffing. Survey of restructured companies. Budget cutting departments. Quality of decision making. Budget-conscious caution. Need to cut out unnecessary work. Examples of reduction in paperwork and reports. Production area teams. Downsizing at US West. Putting quality first. "Paradigm busting" at Heinz. Giving people more power. Communicating. Taking care of the survivors. A Box outlines top quality management effort at Heinz with emphasis on quality and reducing waste. Graphs give employees, output and corporate R&D spending.
SCIMA record nr: 77627
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