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Everyday low cost

Everyday low cost

For most managers, cost discipline holds as much appeal as a cold shower.

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Article

Everyday low cost
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For most managers, cost discipline holds as much appeal as a cold shower. The prevailing attitude, even in harsh economic conditions, is that costs must occasionally be cut said Bain's Patrick Demoucelle. Usually, the gruelling cost-cutting work is a reaction to events or a periodic program, rather than an ongoing way of life. But the most competitive companies have embedded cost discipline in the way they do business.

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