The Hidden Cost of Cost Cutting

I’m slowly getting through Sooner Safer Happier: Antipatterns and Patterns for Business Agility by Jonathan Smart (with Zsolt Berend, Myles Ogilvie, and Simon Rohrer)…

And I should note the “slowly” is on me, not the book. 🙂

Either way, it notes something “counterintuitive,” but so true that everyone in business needs to hear it:

There is a hidden cost to cost cutting.

Obviously, there are times we are forced to immediately reduce the financial bleeding, but I’d suggest that is likely the exception, not the rule.

You should grab the book, but here is a bit more from that section:

P.S. Since I have suggested you should buy the book, I should note I received a copy free for review. However, I’ve also purchased a Kindle copy, so I am putting my money where my mouth is. 🙂