Cost management has held the top spot on the list of business priorities for the third consecutive year, far ahead of managing growth and revenues – as shown by the results of BCG’s global survey among over 570 directors. In a time of inflation and increasingly expensive inputs, it is no surprise that costs have become the main obsession of business leaders. Something akin to DOGE for Elon Musk. However, Musk’s method of sending emails requesting employees to list five things they accomplished the week before is difficult to apply to companies. Businesses must maintain a delicate balance between cutting costs and the negative impact on operations and customer satisfaction, as well as employee satisfaction. But the question of all questions is how to increase profitability without cutting in the wrong places: product quality, key employees, or development. In this week’s topic authored by Antonija Knežević, find out how to cut without slashing.
It’s not quite panic, but it’s not far from it – this is how the HDZ interprets the results of the electoral polls suggesting that the party is not faring well in the upcoming local elections. They are not only aware that it will be very difficult to gain power in major cities, such as Zagreb, Rijeka, and Split, but the party is also on shaky ground even where its members have taken root, from Dalmatia to Slavonia. And regarding the current topic, Ksenija Puškarić learns all about local elections.
As of 2020, Croatia was the most important market, generating 4.2 million euros in revenue, while revenue in the foreign market that year amounted to 3.1 million euros. According to preliminary data for last year, the Croatian market remained within the bounds of the previous year, and exports exceeded eleven million euros. This concerns one of the strongest domestic IT companies, HSM-informatika, about which Manuela Tašler.
