Strategy Meets Finance

Cutting Costs Is the Wrong Move (Do This Instead) | Ep 227

Steve Coughran Episode 227

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0:00 | 16:39

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When the business starts struggling, the first instinct is almost always the same. Cut costs. Cut headcount. Cut marketing. Cut everything that is not essential.

Steve gets it. But in this episode he makes the case that cutting costs is usually the wrong move and why doing it without a strategy can send a business into a spiral it never recovers from.

He breaks down what to actually look at when your numbers are heading in the wrong direction and how to fix the real problem instead of just treating the symptoms.

If you have ever been tempted to slash your way back to profitability, you need to hear this first.

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