Showing posts with label #cost. Show all posts
Showing posts with label #cost. Show all posts

Wednesday, February 14, 2024

๐Ÿ’ต IMSPARK: Adequate Standard of Living ๐Ÿ’ต

  ๐Ÿ’ต  Imagine... an adequate standard of living ๐Ÿ’ต

๐Ÿ’ก Imagined Endstate: 

A Pacific where we can earn enough income to cover the costs of necessities such as housing, food, health care, child care, and transportation in different parts of the region, and where we can enjoy a decent quality of life without struggling to make ends meet.

๐Ÿ”—Link:

Ref Here

๐Ÿ“šSource: 

Gould, E., Mokhiber, Z., & deCourcy, K. (2020). What constitutes a living wage?: A guide to using EPI’s Family Budget Calculator. Economic Policy Institute.

๐Ÿ’ฅ What’s the Big Deal:  

The tool known as the Family Budget Calculator is designed to determine the amount of income a family requires to achieve a reasonable and satisfactory quality of life in different parts of the country. ๐Ÿ  It estimates the costs of housing, food, health care, child care, and transportation for ten family types in all counties and metro areas in the United States. ๐Ÿฝ️ The calculator provides a more accurate and complete measure of economic security than the federal poverty line or the Supplemental Poverty Measure.๐Ÿ“It can be used by policymakers, advocates, and employers to set meaningful living wage standards for their communities and to design policies and programs that help families meet their needs.๐ŸŽ—️ The calculator also reveals the wide variation in living costs across the Pacific region and the challenges many families face in affording a decent life.


#FamilyBudget, #LivingWage, #Cost, #EPI,#IMSPARK,

Thursday, November 9, 2023

๐Ÿ”„ IMSPARK: Unlocking Operational Evolution: The Zero-Basing Philosophy๐Ÿ”„

๐Ÿ”„ Imagine... Unlocking Operational Evolution: The Zero-Basing Philosophy๐Ÿ”„

๐Ÿ’ก Imagined Endstate: 

Revolutionizing Business Operations utilizing zero-based method to cost-cut and transform at the same time.

๐Ÿ“š Source: 

Fomin, D., Frazier, S., & Mignerey, C. (2023, September 26). Unlocking operational evolution: The zero-basing philosophy [Audio podcast episode]. In McKinsey Podcasts. McKinsey & Company. 

๐Ÿ”— Link:

More Information Here

What's the Big Deal:

 ๐Ÿ’ฅ What's the Big Deal:

Zero-basing is shedding its cost-cutting image to become a transformative philosophy.๐Ÿš€ It empowers leaders to reshape resource allocation, fosters continuous adaptability, and fuels new business endeavors. ๐ŸŒŸ This evolution is not about cost reduction but optimizing investments for growth. ๐Ÿ’ฐ Zero-basing is more than just a tool for reducing costs.๐Ÿ’ผ Instead, it's a dynamic philosophy that provides leaders with unparalleled visibility into their operations, investments, and resources. This expanded perspective on zero-basing is reshaping organizational growth strategies. 


#zero-basing,#cost,#management,#McKinsey,#adaptation,#IMSPARK,

๐Ÿ”ฌ IMSPARK: Unveiling New Climate Insights๐Ÿ”ฌ

๐Ÿ”ฌ Imagine... Unveiling New Climate Insights๐Ÿ”ฌ ๐Ÿ’ก Imagined Endstate :  A world enlightened by groundbreaking climate science, guiding target...