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Keep Those Comments Coming In..
I have received a lot of comments and private emails from Incisive staff all around North America concerning last week's post about ways in which we might reduce our costs. Thank you! The ideas have been terrific, but even better has been your involvement in the process. Don't stop!
Just so you know what the process will be going forward, I'll be using a series of meetings this week and next to go through the lists so we can determine which things to do now and which to table. Some ideas are easier to implement than others, and we'll need to sort those things out as well. But my hope is that by the first week in March I'll be able to present to you those actions which we will be taking in order to lower our expenses.
If you didn't get around to responding to last week's post--either in the comment area or via email to me--IT'S NOT TOO LATE! I'm sure you have ideas, both about the list of proposed reductions that I shared in that earlier post and about other places where we could save money. Now would be a good time to share those.
And for those who worry that I am being too focused on our costs rather than our revenues, let's be clear that I would also love to hear ideas for new products you think we should investigate--particularly quick wins that would help us right now.
Comments
For every large firm that has hit a stumbling block, there are dozens of small-solo shops that climb out of the wreckage (http://www.law.com/jsp/article.jsp?id=1202428158979 )Besides soliciting these firms for announcements and branding campaigns, what else can we provide? A "How To Guide" with templates for billing, lists of trusted service providers, etc. The price point would necessarily be low but given our pool of information it seems easy enough to create and tailor to various regions/industries.
Posted by: Paula Ryplewski | February 18, 2009 3:35 AM
Here is a news article about print costs vs electronic publishing costs that I thought you might find interesting.
http://www.businessinsider.com/2009/1/printing-the-nyt-costs-twice-as-much-as-sending-every-subscriber-a-free-kindle
Posted by: Ivy | February 19, 2009 3:39 PM
A personal cost-saving measure rather than a corporate one, but one that could use some assistance from the company: The MTA's impending rate hike is yet another strong incentive for me to bike to work. Unfortunately, according to Office Services, Silverstein Properties doesn't allow bikes in the building. I'd wouldn't mind keeping my bike outside but there are very few bike racks around the office and they'll be full when the weather improves. What a shame; biking saves money, reduces environmental impact and increases fitness.
Posted by: Byron Johnson | March 26, 2009 4:12 PM