There is something mystical, or at least mythical, about cutting ten percent of a budget.
I remember when a gubernatorial candidate who had been a successful businessperson prior to entering politics consistently repeated during his campaign that any business person could cut any budget by ten percent (essentially "trimming the fat") with no effect on products or services. He pledged to do that with state government . That's a great sound bite for the evening news during a political campaign, but is it a real strategy?
Patricia Moody thinks so, hence the title of her latest book, The Big Squeeze: Ten Ways To Cut Your Spend 10 % Right Now.
The interesting thing is that half of the book is devoted to ideas sent in by her blog readers of ways they cut ten percent and more of budgets or projects in their companies.
How about PurchaseRealm readers? What have you done to cut YOUR ten percent?
Comment Preview