An Overview of Cost Reduction Projects with Jim Shand, Former Director at AlixPartners

In this episode, I explore how cost-reduction projects are typically conducted with Jim Shand, formerly of AlixPartners. AlixPartners is the premier service provider for companies facing financial difficulties and seeking to better manage costs. Jim worked with the firm for 10 years and provided services to many companies during that time, particularly those owned by private equity. Jim more recently joined Ankura, a firm that assists companies with business transformation.While companies differ, they often share a surprising number of common challenges and opportunities. We discuss those commonalities in the podcast, including what they are, how they are analyzed, and how to take corrective actions. This is a great opportunity for listeners to understand the approach, strategy, and outcomes pursued by the top consulting firms in the cost management arena. It’s an opportunity to pull back the curtain and understand what makes these firms consistently produce results.Connect with Jim: https://www.linkedin.com/in/jimshand/Find more from Duane:Email: [email protected]: https://efficacygroup.com/LinkedIn: https://www.linkedin.com/in/duanedeason/Buy the Operationally Svelte book: https://efficacygroup.com/company-efficiency-book/