Our Latest Thinking on Cost Excellence

Cost management is more than a one-time cost reduction effort; it’s about resetting costs to build and expand competitive differentiation. Explore our latest cost excellence insights for best practices and examples of effective cost management across industries.

Featured Insights

Drive Future Growth

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Article

Effective Cost Management Can Fuel Growth

A holistic, outcome-based cost management approach that’s part of an enterprise-wide transformation can change an organization’s business for the long term and allow it to operate at its full potential.

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ARTICLE

A Better Way to Manage Costs

Leaders needn’t wait for a crisis. A playbook exists for building an always-on, disciplined approach to cost excellence.

Optimize Operational Efficiency

Spend Smarter and Serve Better A Blueprint for Improved Public Service - rectangle.jpg
Article

Spend Smarter and Serve Better

Governments that engage in strategic cost optimization can recoup 10% of costs—or more—on a whole-of-government basis using existing tools.

 

Enable Cost Excellence Across the Organization and Leadership

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Article

Connecting Cost Management with Purpose

When organizations connect cost management initiatives to their purpose, vision, and values, their transformation efforts are more likely to be successful and sustainable.

Hear from Our Cost Management Experts

 

Embed Tech into Cost Excellence

VIDEO

Build or Buy GenAI Solutions?

Does your company need custom GenAI solutions, or are off-the-shelf products the better choice? BCG’s Rob Derow discusses the factors to consider when making these decisions.

Look Across Industries

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Report

Breaking the Cost Barrier on Biomanufacturing

Demand is solidifying for products that use biological processes and genetically modified microorganisms in place of traditional production methods. But for change to happen, costs must come down.


Our Latest News Headlines

Catch up with what our experts are saying across leading news publications around the world.

BCG's Paul Goydan spoke to The Wall Street Journal's CFO Journal on how companies are preparing for the Federal Reserve's rate cut. “One reason why companies have kept so much cash on their balance sheet is out of concern about a potential recession, which is inhibiting capital investments. Other reasons include uncertainty about the presidential election. Once companies get more certainty on the economic outlook, as well as the potential for legislative or regulatory policy changes after the election, they will feel more comfortable using cash to make growth-related investments. That is impacting investment far more than interest rates,” he explained.

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Paul Goydan
Managing Director & Senior Partner; Global & NAMR Leader of BCG’s Cost Offer
Houston

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