Improving Corporate Earnings Through Swarm Intelligence

Have you ever been involved in a “brute force” cost cutting exercise? Ever felt helpless as valuable programs were eliminated or gutted and skilled talent walked out the door? If so, you are not alone. You were likely involved in a corporate expense slashing exercise or what many call “corporate downsizing”. These efforts have historically been orchestrated by C-suite executives coupled with management consultants, with little or no input from rank-and-file employees. Unfortunately, the C-suite and their advisors often lack the in-depth knowledge and appreciation for what is involved in the complex operations of medium-to-large enterprises. The fallout from these efforts can be devastating, taking years to restart key programs and rebuild lost talent, if it happens at all. This episode of The North Star is titled “Improving Corporate Earnings via Swarm Intelligence”. William Ulrich and his guest, James Smith, will examine the major shortcomings of historic corporate downsizing efforts and discuss innovative approaches to achieving the long-sought goal of intelligently reducing corporate expenses. If you want to explore more optimal and effective ways to improve corporate earnings, tune in and gain insights into how this innovative approach to cost reduction may be deployed in practice.