Retail and Consumer Products > Industries > Ernst & Young - Ernst & Young - Korea

How can you manage your company through the recession and position yourself for growth? After meeting with CP executives worldwide, we identified some overarching themes. From reevaluating your operational model to demonstrating operational flexibility, we reveal lessons that could mean the difference between surviving and thriving in the new economic environment.

Rising expectations of consumers and stakeholders have fueled a level of competitiveness unlike any other sector. So, besides driving up value and reducing costs, how can you enhance supply chain performance to increase the 'size of the prize'? We reveal strategies that could likely mean the difference to your bottom line (pdf, 836.9kb).

While many leading consumer product companies have implemented cost reduction initiatives as a result of the global recession, 70% of them have not improved their cost/revenue ratio. Don’t become another statistic! Instead, learn which strategies can make all the difference in creating sustainable cost improvements over the long-term (pdf, 243.4kb) 

If you’ve been delaying the conversion process to IFRS, you might want to consider utilizing Internal Control over Financial Reporting (ICFR) personnel and operational audit staff. They can evaluate the IFRS’ effects on your business operations and help prepare your internal control and systems for IFRS now

In our recent survey, we got a first-hand look at how executives are navigating the global economic crisis. Ironically, 90% of the respondents viewed it as an opportunity to broaden their market share. Discover more about the business development strategies these Russian and foreign companies deem the most effective and why (pdf, 724.3kb).