Driving Down Costs

Pricing

Cost for BPP PD Members: £415 + VAT 6 CPD Hours
(£599.00 + VAT for non BPP PD Members Click Here for details of our membership scheme).

Delegates

  • Finance managers will benefit from learning how the finance function can be a strategic leader on cost management.
  • HR managers will discover how to manage the cost of in-house staff.

Learning outcomes include a greater understanding of:

A toolkit of key ideas and cost management strategies, frameworks for analysing cost and practical techniques for implementing cost reduction. The course will cover urgent one-time cost cutting and sustained long-term cost management. It will also address how to balance tough cost management with core values, team motivation and growth.

Course Content

  • Leadership: how managers can take the lead and set the tone.
  • Techniques and tactics: generalised ideas, approaches and analytical frameworks.
  • People: how to tackle the most difficult cost area, full-time staff and the role of HR.
  • Suppliers: all other cost categories, from raw materials to outsourced services.
  • The internet and globalisation.
  • Lateral thinking: how to turn conventional thinking about cost on its head.
  • Cost management as strategy in areas like M&A, pricing and new growth opportunities.
  • A cost-cutting case study.
  • “Intelligent” vs. “unintelligent” cost management.
  • Cost containment: how to pre-empt cost growth.
  • How the finance function can be a strategic leader on cost.
  • Cost in the public sector.

"A CPD certificate of completion will be provided by BPP Professional Education Limited upon request, following attendance."


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