www.accenture.com/CFORealityCheck Cost reduction is key, but as CFOs pivot to growth, many risk leaving the cost flank exposed. Accenture Strategy research reveals that just six percent of CFOs say cost management will be their top strategic priority in 2016. Yet a flexible cost structure is essential for profitable and sustainable growth. CFOs must do more now to drive a broad cost management mandate. Strategic cost management offers a radical approach to disrupting enterprise costs from the inside.

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CFO reality check:
Good intentions in cost management are not good enough

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3. So why are so many CFOs
doing so little?
Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.

4. Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.
CFOs must act now.
Strategic cost management offers a radical approach
and is unique in three ways…

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THREE WAYS STRATEGIC COST MANAGEMENT
OFFERS A RADICAL APPROACH
It’s comprehensive and goes beyond blind
cost cutting. The goal: increase profitable
growth in areas such as product & service
innovation, and better customer
experiences.
1

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THREE WAYS STRATEGIC COST MANAGEMENT
OFFERS A RADICAL APPROACH
It
means
doing
more
than
dabbling
in
digital.
Identifying
low
or
no
value
activities
and
re-­‐investing
to
drive
growth
happens
faster
and
cheaper
with
digital
technologies.
2

7. Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.
THREE WAYS STRATEGIC COST MANAGEMENT
OFFERS A RADICAL APPROACH
CFOs need to get in the driver’s seat to
become true catalysts for strategic cost
management and extend their roles as
enterprise value architects.
3

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LEARN MORE
about how CFOs can get started, including three
fundamentals to help realize competitive advantage,
with our full report:
CFO reality check:
Good intentions in cost management are not good enough