Posted by seshdotcom on December 28, 2008
One of the Cost Cutting Technique 🙂
Each company have their own way of reducing costs and most of the US companies are said to handle this cost cutting measures very effectively.If the times are difficult.Some of the Indian Banks have also started implementing the cost cutting measures like the Kotak Mahindra Bank,State Bank of India and many other famous firms.And the Kotak Mahindra Bank has named this Cost Cutting Campaign as “Kill Bill”.Some of the cost cutting techniques they have adopted is Work at a Particular temperature don’t go very low because that may take a toll on Air Conditioners and it helps in reducing elextricity bills and don’t spill coffee when you take from the Vending machine,Keep the Monitors Switched Off when not in use,Many of the measures are also taken by other banks like SBI and HDFC they have an idea on cutting down the costs related to courier and Posts.
It was also explained why??—>HDFC banks get 20,000 to 25,000 new accounts for every 25 days,The cost of sending a Welcome Kit through Courier costs around 40 rupees.This amount was calculated and it comes around 6 lac and if it is going to be sent by email it will save this 6 lacs.So if clients agree to receive the contract over the email,there is obviously a remarkable savings done.So all the companies have become aware of the Eco”nemesis” and they are taking measures to not get drowed in this Gutter.Hope that it will get over soon and Economy returns to normal life soon.
Posted in Business/economics | Tagged: Cost Cutting, Cost Cutting Techniques, Economic Depression, Inflation, Kill Bill Campaign by Kotak Bank, recession | Leave a Comment »
Posted by seshdotcom on October 19, 2008
Empty Pockets force people to sacrifice many things in life!!!!
No Money No Darling this has now become the Caption of the Singapore Men may be I think there would be Hoardings displaying “SAY NO TO LOVE” the worst affected by this were the Singapore Match Making Agencies one of the Higher Official of the Agencies said we are seeing very Slow Progress in business as the financial crisis and the 9 letter nemesis Recession has taken a Gargantuan growth and this has in turn forced the Singapore men think N times before registering and spending some penny to the Match Making agencies to get a wife.I was able to capture the exact words said by one of the men in the Television “The economy is slowing down and I have no money so girls are of no importance for me now”.So I think this is not going to take much time to spread across the world there might be a situation where all the Bridal Agencies close and would be forced to go for some other business.
So see the impact that Inflation/recession has created around the Globe–This is a contagious disease which will Propagate across the world in a rapid fashion like forest fire(in fact it has already spread)A very rough epidemic disease
Posted in Funny | Tagged: Bridal Agencies, Epidemic disease, Inflation, Match making, recession | 2 Comments »