Silicon Valley Business School
Win Board Approval to Slash Costs
A Step in a Management Maneuver in the Mezzanine Stage of Startup Development

Winning board approval is a step in the process of slashing costs. Slashing costs is often a radical maneuver, like reinventing the Company or restarting the business. Approval for such radical management maneuvers require approval from the board of directors, and often the shareholders as well. This step is completed once the board of directors and shareholders provided approval for a cost-slashing exercise.

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Maneuvers Involving this Milestone: