The Secrets of Extraordinary Low-Cost Operators

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The Secrets of Extraordinary Low-Cost Operators

There’s a misconception that becoming a low-cost leader in an industry can be achieved by implementing one-off programs aimed at efficiency improvement and waste reduction. But the reality is much different. The author has spent decades studying how extraordinary low-cost organizations differ from their competitors, and he distills what he has learned in this article. Companies that have enjoyed sustained low-cost positions have unique leadershi…