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Savings

The savings factor reflects any reduction in a company's operating costs or an improvement in its overall productivity and efficiency. It may include:

   Operational costs, for example:
      - Lower production costs
      - Lower disposal fees
      - Lower material and transport costs (e.g. through use of locally sourced materials and
        services)

   Maximising Productivity: producing more for each unit of currency spent on employees,
    contract labour, capital and other expenses through, for example:
      - Reduction in material use and waste generation
      - Reduction in employee turnover and absenteeism
      - Increased staff satisfaction and employee motivation


For companies sponsoring Mayflower initiatives especially in Environmental improvement we anticipate strong potential for savings.


 

Companies sponsoring Mayflower have the potential to gain business benefit from

1.   Cost savings
2.   Productivity improvements
 

Companies sponsoring Mayflower can expect benefits in 6 major areas:

ECONOMIC GROWTH
SAVINGS
ACCESS TO CAPITAL
RISK MANAGEMENT
PUBLIC PERCEPTION
HUMAN CAPITAL

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A Better Day In Lagos” is a portfolio of CSR programmes in Ebute-Metta, Lagos Mainland, set up by The Mayflower Foundation

©2009 The Mayflower Foundation all rights reserved

Contact Mayflower Foundation here

Initiated by Lagos State Signage and Advertisement Agency

Contact LASAA here

Visit LASAA website
Visit New Era Partners website

Mayflower concept, design and management by New Era Partners

Contact New Era Partners here