How EnBW Used Zero-Based Budgeting to Transform Its Business and Culture
Germany’s third largest utility worked with BCG on a cost transformation that resulted in efficiency gains of 300 million euros. EnBW SVP Wolfgang Eckert explains.
Leaner. Faster. Stronger. BCG’s approach to cost management infuses these essential qualities throughout an enterprise. We rapidly identify the deep-rooted issues affecting our clients’ cost structures and implement cost-transformation programs tailored to their strategic goals to create more agile, competitive businesses.
Strategic cost management isn’t just about cost reduction. It’s also about generating savings that don’t creep back, as well as building a sustainable cost structure that strengthens a cost-based competitive advantage and enables long-term growth. That’s why we focus on redesigning cost structures tactically and holistically to fuel both top- and bottom-line growth.
BCG’s holistic approach helps clients sustain efficiency and redirect resources to invest in innovation, promote growth, and capture value—enhancing their ability to win without having to repeat the same cost reduction effort in two or three years.
Our cost management experts implement customized, industry-specific cost-transformation programs. We evaluate how companies can reduce or eliminate costs across the board—in overhead, supply chain, manufacturing or store footprint, and beyond—and reinvest those savings to capture new market opportunities and growth.
Our holistic cost-optimization approach helps you redefine your cost structure, unlock value to fund growth, and sustain long-term performance.