Before you cut heads, cut overheads!

Interested in having the resources to do more? Discover how you can spend more time achieving your goals and reaching your full potential with ERA Group.

ERA Group is a network of 1,000+ specialists worldwide. We always have local expertise on your doorstep. ERA’s large network and depth of industry knowledge ensures our consultants deliver Value through Insight to your business.

Whether you would like to set up an initial meeting, gain more valuable insight into your industry or start the cost optimisation process, we can help you achieve your business mission and enable you to spend more time focusing on new initiatives and innovation, helping your business succeed.

Don’t lose sight of long-term organisational health.

As 2024 draws near, fears further economic turndown still looms at many companies. The manufacturing sector continues to suffer from the dual impact of inflation and redundancies – the latter that could perhaps be mitigated (as we will come on to).

We all know about the significant challenges the global economy has been facing.

Some companies are putting the brakes on capital investments in 2024, while others are cutting into areas in their business with little thought on long-term implications.

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If you’re facing the need to tighten your belt, there are ways ERA is helping clients all over the world to cut costs and improve business growth simultaneously – here are a few ideas on how to do just that.

Before you cut heads, cut overheads!

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"According to one study, only 43% of companies actually achieve the cost reductions they reach for in the first year, and only 11% can sustain the prudent behaviours into year three. The ultimate failure we see often comes from taking their eyes off the future. For example, only 9% of companies create enough capacity to take on growth and innovation to support their long-term aspirations."

Don’t lose sight of long-term organisational health.

Discover more about how ERA can illuminate opportunities in your business.