Strategic Cost & Profitability Management

Strategic Cost & Profitability Management

  • Profitability and Cost management need to be based on a long-term vision of excellence. It is common sense that creating and sustaining value for customer profitability is the only way to be relevant in the long run.
  • However, common sense is uncommon. There are factors that hinder an organisation from its pursuit of profitable growth. This training programme addresses this pursuit of profitable growth under three themes: Understanding Drivers of Profitability, Relevant Methods of Creating and Sustaining Profitable Growth, Informed Decision Making

Financial Reaction
  • Three ultimate financial reactions, three base triggers of profitability, changing cost perspective

SCPM framework
  • Value-Price-Cost equilibrium and the challenges

Drivers of Profitability
  • Understanding cost behavior, four drivers of cost, three measures and nine triggers of operational performance

PRIDEM™ Framework

Integrated Target Costing
  • Need, challenges and gaps, three approaches to target pricing, linking customer value and profitability, achieving target profit and target cost integrating design tools

WIP – The reflection of Operational Effectiveness and Efficiency
  • Impact on planning horizon and competitive advantage, eight characteristics of perfect process

Capacity Creation Dilemma
  • 4D Capacity Grid™, modular capacity creation, disruptive technologies and their impact, de-skill to multi-skill human capacity
A Zen master to the core, Hariharan combines lean, quality, agile, innovation and value engineering to powerfully impact and create outstanding value. His capability to articulate the impact on the bottom line and his methodology has proved to be very useful to us in our quality and improvement initiatives at supplier end.”
M N Varadarajan
Senior Vice President
TVS Motors

    Open to all, who wish to add a new perspective and skill to their thought process

  • 12 hours
  • 2 days of 6 hours (in-class)
  • 4 sessions of 3 hours (online)
  • M. Hariharan, Director, Savoir faire Management Services Pvt. Ltd.
  • Chartered Accountant, Cost Accountant, Certified in Design Thinking from MIT Sloan
  • Conducted 1000+ programs and trained across the globe on the concept of Lean, Design Thinking, Constraints Management and Cost Management
  • Prolific writer with more than 75+ articles to his credit
  • Involved in consulting and training for almost three decades
  • CEO Coach and visiting faculty at SP Jain Institute of Management and Research, Great Lakes Institute of Management and Indo-German Training Centre