Remove Finance Remove Fixed Costs Remove Technology
article thumbnail

How To Reduce Business Expenses

HR Digest

Most business managers struggle to understand how to reduce business expenses because they have dedicated teams handling finances. It is not wrong to have a team of financial experts but as a manager, you need to under the basic ways to reduce business cost. Use current business technologies. Evaluation staff cost.

How To 63
article thumbnail

3D Printing Will Revive Conglomerates

Harvard Business Review

Hailed in the 1960s as bastions of sophisticated management, they used cheap financing to acquire, then rationalize, many family-owned firms. With GE’s recent announcement to split off its remaining finance operations , and Honeywell also considering divestment, the pressure on these groups remains in force.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Is Rooftop Solar Finally Good Enough to Disrupt the Grid?

Harvard Business Review

The costly and complex operations of transporting energy have made utilities natural monopolies, while regulatory barriers and the high fixed costs of building and maintaining regional electrical grid infrastructure have also kept much competition at bay. This story of disruption should feel familiar.

Energy 8
article thumbnail

Joint Ventures Reduce the Risk of Major Capital Investments

Harvard Business Review

For instance, the cost of building and equipping a leading-edge semiconductor fab has climbed to $7 billion, as the technology required to make more advanced chips is getting more complex. In many industries, the capital required to build an asset of minimum efficient scale is growing.

article thumbnail

Does Your Startup Have a Spending Strategy?

Harvard Business Review

You have to consider salaries, marketing budget, office size, technology services, and on and on. So not only were the current fees too weak to support his fixed costs, but future clients were turned off by his apparently excessive tastes. Do your colleagues understand that your spending is meant to benefit everyone?