Generating Cash: BCG and Knowledge@Wharton

Part 1: Generating Cash: In a downturn, cash is critical to survival. In this special video report, experts from Wharton and The Boston Consulting Group outline seven cost-cutting and cash-generating actions that companies can take to boost cash flow and win as an economy cycles through contraction and expansion. Many businesses find they can cut overall costs by 15% to 20% fairly quickly -- without undermining core business strengths -- by taking actions such as rethinking current activities, optimizing fixed assets, and tightly managing receivables, payables and inventories.

Category:

Education

Tags:

• strategy
• downturn
• knowledge
• cash
• cash generation
• cost-cutting
• boost cash flow
• cash flow
• optimizing
• wharton assets
• rethinking

[emptycell]

@alastairdryburgh are you a management consultant?

[alastairdryburgh]

Sorry, this is risible. Within the first minute it makes the mistake of confusing profit and cash, while the fundamental point in managing cash is that it is independent of profit, particularly in the short term !