Clark Swanson

If a business experiences a decay in productivity or wants to find innovative methods to save currency, it may develop and implement a cost-reduction technique. Cost reduction is crucial and it needs a tactic and attention to detail before execution says Clark Swanson . Being an entrepreneur, it is crucial to deliberate your choices prudently when deciding on cost-cutting. In this article, we will discuss what is cost cutting, the reasons for cost reduction, and cost-cutting techniques for cultivating companies. What is Cost Cutting? Cost cutting is a process in which companies take definite actions or procedures to diminish their costs directly. Businesses can implement cost-cutting measures to optimize their effectiveness during a financial downturn. In extreme cases, industries may utilize numerous cost-cutting actions to return to productivity after a period of monetary struggle. Cost reduction comprises many methods, like reducing travel and prioritizing energy effect...

Mr. Clark Swanson began a distinguished career as an entrepreneur focusing on arbitrage opportunities in emerging markets and venture capital. In 2008, Swanson brokered several large energy transactions in Asia and later acquired over 9000 hectares of mining concessions. As a distinguished guest of the Chairman for the 2013 Asia-Pacific Economic Cooperation (“APEC”) Summit, Mr. Swanson participated in the inter-governmental forum for 21 member economies in the Pacific Rim that promotes free trade throughout the Asia-Pacific region. Since then, Mr. Clark Swanson has been involved as a public company director for more than 15 years, having publicly listed his first public company in 2006. In 2009, Swanson led the acquisition of Blackline GPS, Inc. which later became Blackline Safety, in a merger with a publicly listed acquisition company founded by Mr. Swanson, called Picasso, Inc.. Mr. Swanson served as co-founder, President and Chief Executive Officer during his decade l...