The mandate is to become more “efficient” and cut costs by at least 20% in your LATAM operations. The efficiency model being used in the company’s US operations doesn’t really apply to LATAM, as the capabilities and economics are completely different. At a first glance, it seems impossible and you have never gone through such an effort. Your intuition will tell you to terminate the bottom performers, but you know there has to be a better way.
“How will we communicate this to the workforce? Who should we keep? What operations will be impacted the most? Will we face any legal issues? This will be a major restructure of our business, how will we operate going forward? To what degree will our clients be impacted? How will this change impact our bottom line? Is this really the only way out?”
You have questions and Nepanoa has answers
Nepanoa can help you be smart about cost reduction and help you identify different ways in which you can meet your efficiency goals. Reducing costs will not always be linked to the number of resources at your company. Being strategic and strict about your capabilities, waste, processes and the appropriate use of the technology can go a long way.