Cost Management Culture

Organisational culture is a system of shared assumptions, values, and beliefs, which governs how people behave in organizations.

These shared values have a strong influence on the people in the organisation and dictate how they act and perform their jobs. 

Every organization develops and maintains a unique culture, which provides guidelines and boundaries for the behavior of the members of the organisation.

So, if we can develop a culture around Cost Management then it is very reasonable to assume that the organisation and all individuals will benefit from better outcomes, greater satisfaction, and all other associated benefits.

 

The process of building and embedding a Cost Management culture in an organisation means that cost reduction will become part of an organisation’s values and beliefs driving behaviour toward achieving cost reductions. Our mantra should not be that we will go and do our job well, but that we should do it well AND cost effectively. 

 

However clearly a cultural impact must be organisational wide.

The Ramesys approach facilitates and encourages the creation of an organisational Cost Management culture:

  • our software is delivered with unlimited licenses to ensure every cost owner has access to the tools they need

  • our planning and reporting software is so user friendly that cost owners feel comfortable using it to support their cost managment analysis and decisions

  • the role of our implementation consultants is to train cost owners to understand their costs and to be able to model and explain these easily.  

  • the Ramesys approach creates an environment in which all users are challenged to seek continual cost improvement opportunities

 

Cost improvement is a collective activity.

All Benefits

Read more about other benefits of the Ramesys budgeting, forecasting and reporting software:

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