Mastering Cost Management: The CGMA Transformation Model Explained

In this episode, we delve into the essential art and science of cost management with the CGMA Cost Transformation Model. Discover how to strategically align costs with value creation to enhance competitiveness and customer satisfaction. We explore six key elements—from fostering a cost-conscious culture to incorporating sustainability—empowering organizations to navigate risks and maximize profitability. Join expert Dr. Mark Thompson as we unpack practical tools like Activity-Based Costing and Value Chain Analysis. Tune in for insights that could transform your approach to cost management!