PRODUCTIVITY MASTERCLASS

HOW TO GROW YOUR BUSINESS: STRATEGIES TO REDUCE COST IN DIFFICULT TIMES

Today’s business environment has witnessed a high rising cost of running businesses in Nigeria due to the removal of fuel subsidy which has resulted to increasing cost of operations and management of most businesses. This has caused many businesses to shut down while others are struggling to barely breakeven without losing their customers. The common line of thought to thisforsome, is to subsequently increase the price of goods or services offered which may incidentally if not well structured have a negative result on the business revenue. However, it is also in these adverse timesthat businesseslearn and come up with innovative ideas that can lead to not only survival but also add a substantial growth by cutting down cost. In the light of the above, The need of this training becomes inevitable for businessesthat want to scale up in these economic times. This training offers practical strategies and proven methods to reduce cost that can serve as catalysts to sustainable growth even in tough economic times. 

THE TRAINING OBJECTIVE:

• The participants will understand the present economic challenges and how to position their businesses.

• Implement effective cost cutting structure that will encourage sustainability and growth.

• Improve personal effectiveness to optimize productivity and efficiency.

• To streamline operations and processes to manage time and wastages.

• And leveraging on technology for effective communication.

THE TRAINING CONTENT/ MODULES

Module 1: Optimizing business operations.

Module 2: Effective resource allocation and management

Module 3: personal effectiveness and organizational productivity

Module 4: strategies for customer retainership in tough times.

Module 5: leveraging on technology to enhance business engagement.