Cost Cutting Training

Are you looking for ways to reduce costs and increase profitability within your organisation? This course is designed
to equip you and your team with the necessary skills to identify and implement cost-saving strategies. Learn how to
cut costs effectively without damaging productivity and existing service levels to critical customers and clients. With
a thorough understanding of cost-cutting tools and tactics, you will be able to make informed decisions that will
positively impact your organisation’s profitability. Take a proactive approach towards managing costs and help your
people apply practical solutions to cut costs.

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    Key learning outcomes

    Your Cost Cutting Training program will give participants the skills in:

    • Understanding the importance of continuous improvement
    • Using appreciative enquiry as a tool to eliminate unnecessary expenses
    • Identifying tangible and intangible waste
    • Understanding the correlation between customer expectations and cost cutting
    • Communicating cost cutting as an opportunity
    • Conducting health checks on existing processes
    • Mapping out any problematic areas that are sensitive to cost cutting measures
    • Dealing with cost cutting saboteurs
    • Dealing with difficult people
    • Breaking down communication silos
    • Ensuring effective flow of communication within the organisation during change
    • Applying critical knowledge and removing role ambiguity
    • Strategic Thinking and Lateral Thinking – the 2 pillars of cost cutting
    • Embedding Lean Thinking into daily habits
    • Maintaining productivity
    • Applying FLOW

    Course Description

    We need to cut costs. We need to cut costs. We need to cut costs.

    It doesn’t matter how many times you say it. People need to know how to cut costs effectively without damaging productivity and existing service levels to critical customers and clients.

    Help your people apply lean thinking practical solutions to cut costs.

    Take the Test – How good are your cost cutting skills?

    Ask yourself the following questions:

    1. Our people have a ‘can do’ cost saving attitude
    2. Our people make fast and correct decisions during a crisis
    3. Our people can map out a cost cutting problem and present an action plan
    4. Our people feel they are fully in tune with what’s happening and why
    5. We have a culture that understands standardisation and systematic problem solving
    6. Our people know the importance of cross cutting
    7. Our people periodically review our operational processes and cost cutting methodologies
    8. Our people set contingency plans
    9. Our people are aware of the different types of changes that may occur and are prepared
    10. Our people think on their feet
    11. Our people feel empowered to reduce costs
    12. Our people have allocated resources for managing cost cutting
    13. Our people are aware of the role of process improvement
    14. Our culture rewards creativity and new ideas
    15. Our people know how to effectively manage anxiety, body language and stress levels during a change
    16. Our people know how to communicate cost cutting activities to our stakeholders

    Would you like to attend this program?

    • For maximum effectiveness, this program is best conducted as an in-house program.
    • Ideal group size: 4 – 12 participants.
    • Venue: For your convenience, you can choose to conduct this program at your business premises. Alternatively, we can provide a training venue at a small additional cost.
    • Duration: This program can be adapted to meet your requirements.
    • Cost: Price on request.
    • Target Audience: Employees, Supervisors, Team Leaders, Senior Managers or CEOs.

    If you would like more information on this training program, please contact:
    Deborah Dear – Marketing Manager
    PH: 1300 323 752
    Email: or visit our website today.

    Cost Cutting Training4.2 out of 5 based on 87 user ratings.
    cta course

    Australia-wide training courses and workshops

    At Preferred Training Networks, we provide both in-person and online training programs for a wide range of organisations across Australia. Our Cost Cutting Training is run by experienced, qualified experts and tailored to the needs of your business and your employees. Our leadership and management education courses are designed to help your team thrive and develop valuable skills that can transform your workplace.

    With programs available in Sydney, Canberra, Melbourne, Perth, Adelaide, Brisbane and other areas of Australia, we’re able to help businesses across the country create lasting behavioural change and provide them with the tools they need to reach new heights. If you think your business would benefit from Cost Cutting Training and the help of our professional coaching network, take the first step and contact our team today. Wherever you are in Australia, our coaching program can either come to your organisation or we organise a venue for your convenience. Find out what our training, workshops and skills courses can do for your business and reap the benefits for years to come.

    Get your free online quote right now or give us a call on 1300 323 752 to find out more about Preferred Training Networks and discuss your requirements with us.

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