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As the VBM program takes hold, however, the corporate center scales back its involvement in operating decisions, which often entails a radical cutback in its staff.
In Johannesburg, the cost escalation for the construction of the "African Calabash" to $350 million has meant a radical cutback in capital expenditure in a city that is falling apart.
Most big oil companies have shed downstream businesses in favour of more lucrative oil exploration and production.Suez Lyonnaise des Eaux, a French utility, was reported to be considering a radical cutback.
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The radical cutback has caught the attention of tourism officials across the border in New York, raising the specter of tourists forsaking Connecticut for more heavily marketed locales.
"The water issue is not one of the settlers versus the Palestinians, but of Israel versus the Palestinians," said Mr. Lubell, whose organization issued a study this month urging radical cutbacks in Israel's use of underground fresh water reserves.
These were the first radical cutbacks in the company's 34-year history.
The strategic arms reductions that the United States and Russia announced today represent radical cutbacks impossible to even ponder during the cold war, despite the warhead storage issues that remain.
Defense Minister Karl-Theodor zu Guttenberg had wanted to introduce radical cutbacks by reducing the number of soldiers to 150,000 from 250,000 and even abolishing conscription, which will already be reduced next month to six months from nine months.
Windau was unimpressed by the president's call for more radical cutbacks: "His heart may be with us but he really doesn't understand that we've been giving concessions in every contract negotiation of the last 30 years.
This austerity measure included radical cutbacks in personnel, paper and ink quality.
We all make New Year's resolutions, with ambitious workout plans and radical cutbacks in tempting, unhealthy food.
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CEO of Professional Science Editing for Scientists @ prosciediting.com