Revenue Growth or Cost Cutting??
Source: Quora Thoughts When you read the above headline, which option did you pick at first thought? Without hesitation. Now, let us take a step back. From what position/ role in life did you make that choice? An employer? Business owner? Self-employed? An employee/ salaried worker? Shareholder? Breadwinner? If you made that choice from an employee/ salaried employee, share with me your thoughts for you to make that choice in that split second? "Position-sizing" As an employee/ salaried worker, how high in the corporate hierarchy? Fresh graduate? Executive? Manager? Team Lead? Senior Manager? HOD? C-suites? Chairman? B-member? If I were a salaried employee at a certain hierarchy downwards, I would never wish for my employer to go on cost cutting programmes as this mean that rice bowls will be impacted. Even if cost cuts are being implemented, how far can an organisation go in this option without sacrificing or affecting future potential growth of the company's revenue? W...