Comments on: Cost cutting and innovation are not mutually exclusive http://ricmerrifield.com/2009/04/cost-cutting-and-innovation-are-not-mutually-exclusive/?utm_source=rss&utm_medium=rss&utm_campaign=cost-cutting-and-innovation-are-not-mutually-exclusive A business manifesto for cutting costs and boosting innovation Sun, 29 Jan 2012 00:52:31 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Mike Cottmeyer http://ricmerrifield.com/2009/04/cost-cutting-and-innovation-are-not-mutually-exclusive/#comment-5 Mike Cottmeyer Wed, 01 Apr 2009 19:36:21 +0000 http://ricmerrifield.com/?p=152#comment-5 The prevailing opinion seems to be that people see these as mutually exclusive because cutting costs in the absence of rethinking your business model just makes everyone work harder on the same broken mess. Therefore... cost cutting limits your ability to innovative. If you rethink your business before you do the cost cutting and reduce cost based on that innovation... your point is well made. While I agree with your article, It seemed a little bit like you setup a straw man and knocked him down. Cost cutting in the first scenario would preclude or limit innovation. Thoughts? BTW - Dennis Stevens turned me on to your blog. I like what I've read so far. Mike The prevailing opinion seems to be that people see these as mutually exclusive because cutting costs in the absence of rethinking your business model just makes everyone work harder on the same broken mess. Therefore… cost cutting limits your ability to innovative. If you rethink your business before you do the cost cutting and reduce cost based on that innovation… your point is well made.

While I agree with your article, It seemed a little bit like you setup a straw man and knocked him down. Cost cutting in the first scenario would preclude or limit innovation. Thoughts?

BTW – Dennis Stevens turned me on to your blog. I like what I’ve read so far.

Mike

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