The announcement comes about six years after anonymous donors gained national attention for creating Kalamazoo Promise, an organization that covers tuition costs at state colleges and universities for graduates of Kalamazoo public high schools.
Still, I am sympathetic to those companies that face significant potential transition costs, and I want to work with this organization and others like this to help with those costs and to get our policies right.
Things like carrying insurance, and having redundant systems impose carrying costs on an organization.
Implementing the strategy is where the pain and the largest costs to the organization come into play.
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Additionally, this restructuring helps us reduce costs and streamline the organization as a continuation of the activities we began earlier this year.
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The life of an organization is a series of complex transaction costs, and sometimes you just have to squelch enthusiastic innovation, promise a CEO an obscene golden parachute and banish the thought of ever putting shrimp salad on the menu because, if you happen to be McDonalds, you could endanger an entire species.
As part of its mid-term strategic initiatives announced in April 2012, Sony identified resource optimization as one of the key initiatives for transforming its electronics business and Sony has since been progressively implementing various structural reform measures to optimize costs, streamline its overall organization, accelerate decision-making processes and establish firm foundations for sustainable future growth.
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However the finance organization typically finds it difficult to justify maintenance costs of the millions of lines of legacy code (read past).
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If ACOs are successful and reduce costs, the providers in the organization divvy up the savings with the health plans that are paying them.
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This would be in contrast to making an unrestricted donation to an organization that might then use the money for administrative costs.
Costs slip through the cracks, and an organization never gets a holistic view of its expenses.
This reminds us of what every service organization and retailer should keep in mind: a smile costs nothing.
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The European Organization for Nuclear Research (CERN) also report cutting recruitment costs by 20% using automated video assessments for first-round interviews.
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They had been writing for an organization called openDemocracy.net throughout the war about the humanitarian costs of the war in Iraq.
Yet at the same time, it is more difficult for an organization to seek IT help elsewhere in an effort to keep costs in check.
During my time as chief executive at Alcoa, we demonstrated it is possible to cut costs 30% to 50% in a complex organization through systems improvements and by focusing on safety.
During my time as chief executive at Alcoa (nyse: AA - news - people ), we demonstrated it is possible to cut costs 30% to 50% in a complex organization through systems improvements and by focusing on safety.
Costs have been cut relentlessly, resulting in a leaner organization with greater operating leverage.
Cisco is restructuring its operations in order to cut costs in areas that are not its core focus, making the organization leaner and more efficient.
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