A Quote by James Packer
New management at Nine has launched a concerted attack on its cost base in order to restore margins through eliminating waste, improving efficiency and lowering programming costs.
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The OECD advocates a risk-based approach to water security and is calling on governments to speed up their efforts to improve efficiency and effectiveness of water management. We recommend improving water pricing to recover costs and to reflect the value of water to users and society.
Industry looks at research and development for energy efficiency, lowering material costs, so on and so forth.
I start with the outcome - increasing efficiency, lowering scrap and cost - and then execute toward that.
We have an industrial base - one that, if made to take orders rather than being allowed in the vacuum of leadership to create them, if enabled by the elimination of cost-plus contracting to produce and achieve rather than waste and receive, could make something worth the cost rather than making work that costs us our dreams.
Efficiency innovations arise in industries that already exist. They provide existing goods and services at much lower costs. They are not empowering. Efficiency innovators become the low cost providers within an existing framework.
I will be ruthless in cutting out waste, streamlining structures and improving efficiency.
Pricing water delivery closer to its real costs is a necessary step to improving use efficiency.
I believe that in order for our democratic system to work as intended, the average person must have faith in their government. Citizens must believe that our system is working to represent them, and that it is capable of advancing issues like healthcare access, lowering prescription drug costs and improving infrastructure.
Manipulating the bond market is so greatly reducing the cost of capital that so far companies have been able to maintain profit margins without raising prices. As a result, we've been exchanging capital cost for commodity costs but you can only do that for so long.
Real benefits come when managers begin to understand the profound difference between 'cost cutting' and 'eliminating the causes of costs'
I think there are probably too many asset management companies in the world, and I think the place to be is either big or small. The area where it is probably more difficult to be is in the middle ground, where you've got that cost of regulation, you've got the cost of buying your own research, you've got all the costs of running an asset management company without the benefits of a big income producing asset.
Overemphasis of efficiency leads to an unfortunate circularity in design: for reasons of efficiency early programming languages reflected the characteristics of the early computers, and each generation of computers reflects the needs of the programming languages of the preceding generation.
Every country in the world is battling the rising cost of health care. No community anywhere has demonstrably lowered its health-care costs (not just slowed their rate of increase) by improving medical services. They've lowered costs only by cutting or rationing them.
Percentage margins are not one of the things we are seeking to optimize. It’s the absolute dollar free cash flow per share that you want to maximize, and if you can do that by lowering margins, we would do that. So if you could take the free cash flow, that’s something that investors can spend. Investors can’t spend percentage margins.
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.
I believe I have demonstrated that the voters are characteristically ill-informed when voting on reducing social costs. Furthermore, their primary concern is with wealth transferred to themselves, rather than with social cost efficiency. Logically, this would mean that democratic government would be inefficient in reducing social costs.
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