The graph below was created using Google’s graphing
tools.
This horizontal bar graph shows the percentage of
companies responding to a Deloitte survey that are implementing the strategic
initiatives described in the graph.
The Deloitte survey is “What’s Next? Deloitte’s Second Biennial Cost Survey. Cost Improvement Practices and Trends in the
Fortune 1000”. Click here to access the
report (PDF file).
A principle conclusion reached in the survey
report is that more emphasis should be placed on strategic, long-term
approaches to cost management versus short-term, quickly implemented cost
reductions.