Time = Cost
Did you ever imagine that if you change a behavior you'll save money? Of course you did
In our day to day traveling we used to know all shortcuts around to save gas, also we spent few minutes online to be aware of the market status when we able to buy a product instead of visiting many shops.
Same in our business life if we have a daily task takes about 10 minutes you have to find a shortcut and make it takes 1 minute or zero by made it done by itself.
This called a red tape (routine) and here in Egypt call it (????) which in a way or another recorded taboo nowadays.
You have to break it, do something extraordinary, hit beyond the sky and think to make your life easier, your work is interesting and your future is profitable
My word is to CEOs and work owners before of thinking about cost reduction by reduce salaries and manpower try to make a new plan of time reduction and increase your company productivity. In many places it works.
One of private sector owners (who I worked for form a while) thoughts that if his products increased his sales will increase too, but what he gain was the same trend of sales because he didn't enhance the loop, so we opened a new market of sale with a small modifications and gained more money.