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Introducing “Value-Side” Thinking & Decision Making

It is common for corporations to focus on “cost-cutting” measures. While it is an extremely important economic principle to maximize profits by lowering costs, ignoring the impacts of business investment decisions on value creation can be detrimental to the quest for maximum profits. In this light, making cost-based or “cost-side” decisions without adding “value-side” thinking and decision making is not advisable.

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