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  "documentTitle": "Strategic Cost Transformation Grab’n Go session",
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  "notes": "Includes a process diagram (Figure 4) showing a 3-phase timeline.",
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      "text": "Organisations need to take an all-encompassing approach to cost transformation, using both operational and technology levers to meet their cost-saving and efficiency ambitions.",
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      "text": "3-phase transformation timeline: Diagnosis (4-9 weeks), Detail design (12-18 weeks), Build & implement (3-9 months)",
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      "text": "A top-down approach with engagement from business leaders to align on the ambition and design hypothesis and agree on measurable results to realise within a given realistic timeline. A holistic, data-driven analysis establishing the baseline – capabilities, processes, costs, organisation, activities, and remuneration – and also including benchmarking conducted on functional areas and e2e business processes (e.g. order to cash) to identify and follow through on cost-saving opportunities. Realistic consideration of people and the cultural change aspects, with a change management roadmap and communication activities laid out across the organisation.",
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      "text": "Accelerators: To help carry out your cost transformation efficiently, Deloitte has developed a suite of tools and accelerators that help with data collection and verification, speed up capability assessments, and provide frameworks for effective design considerations while supporting the programme management and reporting (Figure 5). Tools generated in-house and Deloitte's established partnerships with innovative third-party software and data providers mean that organisations can benefit from the latest technology.",
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      "text": "While different outcomes (cost refinement, efficiency, and transformation) result from pulling specific levers in response to the five different Strategic Cost Transformation drivers illustrated in Figure 3, it is best, in our opinion, not to consider a strategy in isolation. Leading organisations with successful cost transformation programmes look to pull multiple levers simultaneously, building on quick wins while implementing continuous improvement measures with a medium to long-term view on cost efficiency.",
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