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Oil and gas companies operate in a complex, unpredictable industry that will always attract cost increases, requiring them to consistently pay attention to cost discipline. The current price reality, however, makes cost management a top priority for these organizations. Regional Oil & Gas Practice Leader Luis Uriza warns executives against making quick, easy cuts and instead suggests they take a more holistic view of the company and its longer-term objectives.
Read the related Bain Brief: Steering through the oil storm