How have the changes in the world economy affected how your company views cost management?

A recent article published by Jonathan Schiff and Allen Schff discussed the importance of cost leadership to tackle these challenging economic times. Their premise is that “cost leadership is reflected in a culture that, independent of macroeconomic circumstances, pursues a lowcost, high-quality, customer-centric approach to managing the business.”

Read the entire article here:
https://www.allbusiness.com/economy-economic-indicators/economic-conditions-recession/13422252-1.html

How have the changes in the world economy affected how your company views cost management?