New Zealand businesses are continuing to navigate a number of headwinds. While the outlook may appear more balanced, economic uncertainty and inflation pressures are proving persistent. This environment is leading to increased focus on margin and cost as businesses look to improve earnings and reduce overall costs in order to deliver returns now, and invest in the future.
Our approach involves rapid analysis of a company's cost structure and development of strategies to optimise the allocation of resources aligned to strategy. This includes defining initiatives to release capital for investment to drive future growth and turn opportunities into results.
We propose a phased approach to gain insights into your business. We will present a range of initiatives to create change. Some of the questions we’ll look to explore with you include:
Strategy
Are we achieving a suitable return from our assets?
Which products and services are driving performance, and are there aspects of the business that are underperforming? What should you stop doing?
Tactics
Is working capital optimised, or is there cash tied up unnecessarily which could be better utilised elsewhere?
How does the cost base compare with similar businesses?
Are there any non-core assets that could be disposed of to release cash and free up management time?
Operations
- Is the current operating model and structure fit for the future?
Are there processes which could be automated with new technology?
Are there opportunities to outsource core functions to transition to a more variable cost model?
How PwC can help
Through a combination of business performance and optimisation expertise, industry and functional knowledge, our team provides ‘hands on’ support to organisations to deliver robustly quantified sustainable cost reduction and growth opportunities that are executable, giving management the confidence to make tough decisions and drive through change in short timeframes.
Contact us
Related insights
