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When Do Cost Savings Become Liabilities?

Obviously all firms should be looking for ways to improve their bottom line. But what are the risks when cost reductions are not well thought out?

In this article we explore the subject through the eyes of a Real Estate and Facilities Management (REFM) organization. Specifically, we examine three areas -- deferring maintenance, cutting REFM capital and cutting facilities management (FM) staff -- in which cost-saving measures, if not properly implemented, may become liabilities.

 

Read When Do Cost Savings Become Liabilities?