Reducing Business Operating Costs by 30% or More

It is interesting. I, recently, had a discussion with a Finance Executive, who mentioned that they were racking their brain, on how to save money within their organization. From all outward appearances, I was given the impression that costs were skyrocketing out of control in multiple departments within their Company. What was most concerning, is that the only solution they had formulated, was to start slashing department budgets to get these costs in check.