
Profit is a
function of Expense, Loss, and
Revenue.
Conventional Cost Reduction Programs work only in the arenas of Expense
and Loss...and usually just expense (cost reduction). People are exhorted to cut, cut; cut. The net result is quite often
a feeling of insufficiency and hopelessness. It is impossible to cut one's way to
growth and prosperity.
Click on the regions of the figure to see what each of these
elements is all about.
The Profit
Improvement Process engages all three of these elements in a positive and proactive
manner. The net result is growth concomitant with reduction in waste and a
redeployment of assets in more positive and fruitful directions. Other
programs tend to focus on expense and, to a lesser degree,
loss. The Profit Improvement Process supports revenue growth
when others impede it.
People all too often get the short end of the stick in cost
reduction. The Profit Improvement Process is designed to help people
and companies prosper.
World-class Profit
Improvement
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