Operational effectiveness

You’re under pressure to make your business as effective and profitable as possible – not just to survive in the present, but to take advantage of opportunities in the future.

Many businesses are undertaking radical cost reduction exercises at the moment, but in doing so they run the risk of damaging their operational effectiveness. We believe this risk can be reduced by taking a structured, holistic approach that focuses simultaneously on cutting costs and improving performance.

Ernst & Young can work with you to take cost out of your value chain and improve the processes that support it – in a way that drives long-term and significant savings. First we evaluate your entire cost base, examine working capital and revenue optimization practices. Then we assess your core processes, your current risks and the controls you have in place, as well as the way key programs are being managed. We then work with you to execute any necessary changes.

By taking this approach to reducing costs and improving performance, you can achieve significant benefits throughout your organization – both now and in the future. It’ll put you in a good position to survive the downturn and emerge strongly at the first signs of recovery.

Video: telecom operators reveal their winning strategies

In “The power of the pipe,” our research report highlights tactical strategies used by 18 key telecom operators in Europe and North America to face today’s recession head-on. Hear our insights and discover a new approach to meeting wider consumer demands, managing costs and embracing innovation.
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Government matters: Improving productivity and achieving financial sustainability

The financially constrained environment led to the need for productivity improvement as government is required to do more with less. Government matters (pdf, 375.9kb) report explores way to manage costs and achieve financial sustainability.

Finance performance improvement starts with framework

Amid signs of economic recovery, we suggest in The future of Finance (pdf, 248.8kb) that CFOs establish and implement a holistic framework that identifies weaknesses and potential improvements, and which helps enable Finance to be more effective, lower costs and help deliver more value to the bottom line.

Margin protection: cutting costs not corners

In the current climate, there is a short term advantage for clients to take costs out of their business. There is however a longer term need for companies to make structural change now to protect margins and to prevent exposure to rising costs in the future. This paper explores this challenge and the various strategies that companies are undertaking (pdf, 612kb) to protect their margins in the long term.

Supply chain sustainability

The growing urgency around green issues and sustainability is increasing pressure on the supply chain and procurement arenas to respond and introduce new measures. In "Green for go: supply chain sustainability" (pdf, 749kb), we look at the business case for sustainability and the benefits that can be achieved by integrating sustainability issues into supply chain management.

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Operational effectiveness - Ernst & Young - Global