"Eliminating Waste" is Meaningless
Everyone's definition of waste is different, so claiming to be in favor of "eliminating waste" simply allows everyone hearing it to define "waste" in a way that is meaningful to them. It's a reflection of individual values: What one person sees as critical, another sees as waste. Consider corporate travel spending as an example. Is it a waste, or is it critical? It depends on who you ask and what it's for. The same goes for training, employee perks, and many other expenditures.
We let executives say their goal is "eliminating waste" and we nod and smile and think, "Yeah! It's about time!!" without know what they mean by that, what they value, and what they consider waste. Without those details, it's basically meaningless propaganda...
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