Checklist 1-3. Cost Savings Calculators
- Reduction in technology
- Real property investment
- Waste reduction
An operational efficiency audit produces more opportunities than the Mayflower back in 1609.
"Frugality includes all the other virtues."
Sharpen your pencils on your budget by holding technology accountable for improving the bottom line.
Scrutinize your sales process in order to automate tasks that technology can replace.
Salvage your existing technology and intellectual property to be repurposed for web conference meetings.
Scout out better meeting alternatives that prevent customer now shows, increase customer participation, and display enthusiasm behind each other's motivation to help one another.
Employees eligible for federal telework work remotely 2 days per week, reduces up to 30% in office space, reduces absenteeism 31%, increase in productivity 12.5% and 4% reduction in voluntary turnover.
Source: Global WorkPlace Analytics.
Time to go back and sharpen your pencils.
The Patent and Trademark Office reported a 21% first year ROI and 54% in subsequent years. The average first year spend for IT, equipment, virtual infrastructure, hoteling support services, and connectivity was $7,920 per person and the savings totaled $9,630; in subsequent years the spend was $4,570 while the gross savings stayed the same.
Costs you can't cut include grooming, clothes, and soft skills training.
Scrooge would be proud.
You can see how much savings are involved, but does that mean that we never see our customers in real life? Absolutely not, companies need to find customer preferences first, asset relocation second. If customers want to see you face to face and the sale depends upon it, go see them. If decisions can be reached remotely, let's save the customer and us both money.