A Quote by Reid Hoffman
The first set of questions to ask yourself when you're doing cost cutting is relatively straightforward, which is, you know, can you use the necessity of cost cutting as an opportunity to do pruning or trimming for projects that aren't being as successful? But, you know, frequently those are the easy ones. I mean, there's always some kind of social costs internal to the company, but that's the easy way of looking at the future.
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The key issue when you're looking at cost cutting is to always plan for the future.
I can't tell you how many board meetings I've been in where the CEO is anguished over the impacts on morale that cost cutting or layoffs will bring about. You know what hurts morale even more than cost-cutting and layoffs? Going out of business.
When you start cutting government expenditure, at some point you are cutting essential services rather than excessive services. So you have to take into account the social costs involved in cutting government spending.
Obviously, consideration of costs is key, including opportunity costs. Of course capital isn't free. It's easy to figure out your cost of borrowing, but theorists went bonkers on the cost of equity capital. They say that if you're generating a 100% return on capital, then you shouldn't invest in something that generates an 80% return on capital. It's crazy.
One of the things we find when we talk to people that attend these congregations, they all have social cost to it. People want to know why they're doing that. Sometimes they're questions about selling out on their race or "Are we not good enough that you have to go to this kind of congregation and not ours?" So there are costs to it, and I think they're a little bit higher in the South because of its history.
The transaction cost approach maintains that some projects are easy to finance by debt and ought to be financed by debt. These are projects for which physical-asset specificity is low to moderate.
Features have a specification cost, a design cost, and a development cost. There is a testing cost and a reliability cost. ... Features have a documentation cost. Every feature adds pages to the manual increasing training costs.
It's not easy cutting welfare bills. It's not easy cutting the deficit.
I think that, you know, women succeed in the cutting room or they're allowed into the cutting room because it's not a very on-display job. I mean, we're behind the scenes. We kind of whisper in your ear.
Real benefits come when managers begin to understand the profound difference between 'cost cutting' and 'eliminating the causes of costs'
There is never a time in a company's history when cost control can be relegated to the back burner, but for a startup company, keeping costs low is a vital necessity.
At the umbilical region we actually network with people. Picture that you are cutting those cords to everyone you know. It doesn't mean you don't love them; you are just cutting down on the negative energy pickup from people.
I first started in tech when one of my friends and I decided it was a good opportunity to start a company while we were in school because we had almost no opportunity cost. Our opportunity cost was playing 'World of Warcraft' and drinking beer. We thought it was a good time to try something.
This will be one of my most important elements. When I talk cost cutting, I do for so many different departments where the money is pouring and they don't even know what to do with it. But when it comes to the military we have to enhance our military. It's depleted. That's the word I tend to use.
What does it mean when Republicans and Democrats alike warn us about the 'pain' involved in cutting government spending - in their spending less of our money? For the average citizen, what pain is there in his keeping more of his money to invest it the way he wants? Taxes cost people. Tax cuts do not cost government.
Cutting HBCUs was unconscionable. Implementing new regulations on Parent Plus loans, which cost HBCUs 28,000 students, was hostile. At the same time, it is important to note that, except for his first two years, which were a missed opportunity, President [Barack] Obama faced rabid opposition from the Republicans.
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