As the saying goes, real change comes from within. When Mayo Clinic's expenses far outpaced its 2008 revenue, the medical group asked its employees for help.
The non-profit launched its "What You Can Do" Web site, a forum for cost-cutting suggestions that spotlights each of its department's saving efforts.
For example, one department identified $897,000 in annual savings by turning off 39,000 nonessential computers when offices are closed. Another unit figured out how to save $400,000 by separating hazardous waste, which is costlier to dispose of. And another group cut back on printed employee directories and encouraged use of an online version to save more than $100,000.
By the end of October, the initiatives had saved an estimated $154 million.
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