To Accelerate Growth, Analyze Your Company Like an Investor
Private equity (PE) firms have a proven approach to identify areas for revenue growth, value creation, and cost reduction: due diligence. But companies rarely use this same approach in the execution of their own growth strategy. This is a missed opportunity. The same due diligence skills and tools can be found in most large companies, but they are usually siloed in the corporate development team … [ Read more ]
Content: Article | Authors: Hoyoung Pak, Jason McDannold, Yale Kwon | Source: Harvard Business Review | Subjects: Best Practices, Management, Strategy
Managing a Sprawling Service Business
Micromarket modeling fills an analytical void that plagues managers of growing service networks. Using relatively simple and available tools, this approach can provide previously inaccessible insights into the development of winning strategies for service businesses. It can help senior managers to make strategic decisions, such as whether new businesses should be created, and to devise tailored, market-specific strategies. And it can help managers work closer … [ Read more ]
Content: Article | Authors: Cody Phipps, Hoyoung Pak, Tom Spathis | Source: McKinsey Quarterly | Subjects: Management, Operations