Yes.. now we are seeing the go green awareness every where including landscaping. Arizona Utilities Department has decided to use goats to clear out 30 acres of weeds and brush.
Cost cutting has been on top of the priority list for all the companies in this tough economic times. Every one watching out for new ways of cutting expences. Here are some trivial approaches that most of the companies follow that confirms a company is in the first level of cost cutting -
- Cutting on office supplies and making it minimum.
- Cutting on corporate lunch / outings
- Minimizing the corporate travel costs
- Creating new (documented) process for support activities (like upgrading a laptop?)
But two aggressive steps that can immediately decrease the operational costs are:
- Outsourcing the new wave that caught as number one option for cost cutting.
- Trimming the work force and bringing down the scope of work
All these are done and seen. In recent days I have seen companies being more innovative in cutting cost. Here are some examples -
- Cognizant gives the concept of WFH a new dimension by introducing 20:20:20 programme.
- Infosys is asking each employee to show a one time cost saving of $10
These are some very simple examples of how hard times can drive innovation.