Why Diversity Matters

New research makes it increasingly clear that companies with more diverse workforces perform better financially.

A Better Way to Cut Costs

Downsizing all parts of a company equally may seem fair, but it doesn’t make sense. Targeted cuts and capability-building efforts do.

Suzanne Heywood, Dennis Layton, and Risto Penttinen

Companies should start any cost-cutting initiative by thinking through whether they could restructure the business to take advantage of current and projected marketplace trends (for instance, by exiting relatively low-profit or low-growth businesses) or to mitigate threats, such as consolidating competitors. An important part of the analysis is to understand a company’s financial situation and the range of potential outcomes under a number of different … [ Read more ]