I have seen companies go through cost cutting exercises and deal with excessive property costs in a big blitz, and then sit back and say, 'OK, now we have done our cost cutting, we can get on with running the business.' This is such a bad approach.
With laptops, we can file sales reports from home, conference from a hotel room, and (regrettably) update spreadsheets on vacation. What's becoming increasingly common, however, is that many of these tasks can be accomplished from your smart phone.
It's in the best interest of your VP to find out where he or she can help you navigate challenges that may cause your ship to run aground. But it should be issues where you don't have the muscle to remove the obstacles.
What unexamined beliefs are preventing your organization from achieving breakthrough results? Finding them and getting rid of them is the single most important thing you can do to dramatically improve your organization's bottom line.