Organizations must rethink cost not just as an expense but as a driver of strategic value. According to EY’s framework, effective cost management balances efficiency, growth, and sustainability. Instead of short-term cuts, leaders should link costs to outcomes, align investments with customer and stakeholder priorities, and embed agility into operations. Digital tools, advanced analytics, and automation enable visibility and informed decision-making. A value-focused cost culture fosters accountability across functions, helping organizations fund innovation, improve resilience, and build long-term competitive advantage while meeting ESG expectations.

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