Two years ago, casino giant Harrah's Entertainment needed to cut costs. One of the first places managers looked was cell phones.
As the company evaluated its business, one of the quickest and least painful ways to reduce its yearly budget by more than $1 million a year was to change its cell phone policy. Specifically, the company started allowing its employees to use their own cell phones for work.
"We looked at the cell phone market penetration, which is close to 100 percent, and we realized that everyone already has their own cell phone," said Mark Cross, … Read more