It's a typical big-company problem:
You want to bring in the professionals to jump start your progress toward
World-Class Profits but you don't know where the budget allocation will come
from. The easiest way is to first invest in the book
"Achieving World-Class Profit
Improvement." Then:
Here are two innovative solutions for you to consider:
-
Idea Leasing: Engage Business Solutions to do the work and pay
their reasonable fees on the basis of the profit results that are actually
achieved. This is similar in form to contingency fees but there is a
finite cap on the ultimate payout. The fee structure is agreed to in
advance and the caps are determined by the scope of the work, the expected
results, and the desired time-frame for payout. The fees are paid as the
savings are generated. Profits improve and the budget is saved.
-
Budget Tithing: Some companies have a problem when the consulting
fee may come from one department and the Profit improvement results are widely
distributed creating a budget imbalance. One approach to this is to have
every department tithe. That is when a project improves the costs and
profits in a department a set percentage (e.g. 10%) is transferred from that
department to the funding account to pay for the consultant. This
distributes the expense to those that benefit. Further, it has the added
benefit of keeping the project implementation honest and real since the budget
transfer is real.
There should be NO reason not to proceed toward World-Class Profits. We can
help you solve these and any other problems on the road to success.
You invest in capital goods so why not invest in your
human capital by teaching them how to create a cost-effective
organization?
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