Quotable Quotes: Achieving Cost-Effectiveness

Cost efficiency is achieved by implementing strategies to save money and this can be executed by changing how products are made or changing processes within a company. Here are some amazing quotes on achieveing cost-effectiveness.

“Time spent in nature is the most cost-effective and powerful way to counteract the burnout and sort of depression that we feel when we sit in front of a computer all day.” – Richard Louv

“Technology makes things faster and more cost-effective, but it’s not perfect. It requires you to be as flexible as you can be.” – John Phillips

“Efficiency is doing things right; effectiveness is doing the right things.” – Peter Drucker

“Obviously, the highest type of efficiency is that which can utilise existing material to the best advantage.” – Jawaharlal Nehru

“A sustainable business is resource efficient, respects the environment and is a good neighbour.” – Phil Harding

"The most effective CEOs have a primary source for tracking their markets. They meet with their teams frequently enough to keep innovation flowing, to reduce and focus costs, to be energized. They create a tight agenda and they set high goals." — Michael J. Silverstein

"Early childhood development has proved to be very beneficial and very cost-effective in societies where this is been tried. So let's not confine ourselves to primary education. Let's think of early childhood development and education as a whole." — Aung San Suu Kyi

"It's easier and more cost effective to maintain good health, than to regain it once it's lost." — Kenneth H. Cooper

"We need to recognise that slowing population growth is one of the most cost-effective and reliable ways of easing pressure on our environment and securing a sustainable future for us all." — Lionel Shriver

"Good advertising can make people buy your product even if it sucks ... A dollar spent on brainwashing is more cost-effective than a dollar spent on product improvement." — Scott Adams

"My advice is don't use technology primarily to lower costs. Use technology to create new, effective ways of touching the market and creating new businesses and if you do that right, the cost savings will come." — Paul Saffo

Published in English daily The Star, Malaysia, 23 May 2015

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