{"id":1070,"date":"2015-01-18T12:05:00","date_gmt":"2015-01-18T12:05:00","guid":{"rendered":"http:\/\/localhost\/projects\/horsesforsources\/cost-is-new-black_011815\/"},"modified":"2015-01-18T12:05:00","modified_gmt":"2015-01-18T12:05:00","slug":"cost-is-new-black_011815","status":"publish","type":"post","link":"https:\/\/www.horsesforsources.com\/cost-is-new-black_011815\/","title":{"rendered":"Cost is the New Black: The Overbearing Paradoxical C-Suite Imperative for 2015"},"content":{"rendered":"
“C-Suite leaders want to drive out cost? \u00a0Tell us something new…” \u00a0OK, I will, because this time, this cost imperative is different<\/em>, as the traditional means of driving out cost are reaching their limits. \u00a060% of enterprise C-Suites are actively seeking to reduce<\/em> their reliance on labor in their operations – but most are discovering they need to work smarter<\/em> before they can work cheaper<\/em>.<\/p>\n Enterprise leaders can’t keep dipping into their operations functions to find more staff to shift into cheaper locations, or simply remove them – they are having to explore the emergence of As-a-Service solutions<\/a>\u00a0as that next lever to pull. The shift from labor to digital is happening, and this insatiable thirst to operate businesses as cost-effectively and flexibly as possible is the overwhelming driver behind this change.<\/p>\n Our new study,\u00a0conducted with KPMG, shows an impetus on cost take-out coming from the C-Suite at an intensity<\/em> never seen before: \u00a090% now view cost reduction as an increasingly important-to-critical imperative for their operations. \u00a0In addition, a similar number are very focused on achieving cost-effective, flexible services to support their businesses. \u00a0And this desire to drive out cost is far more intense than other “value-based” imperatives for operations, such as addressing risk, analytics and talent:<\/p>\n