Cut Costs, Grow Stronger
To reduce expenses for the long term and lead the way to recovery, start by taking a strategic view of your company’s capabilities. In the economic crisis, many companies defaulted to standard downturn defenses such as across-the-board cost cutting and layoffs. These responses weaken companies as they shrink. Here is a way to make your company leaner and more resilient now, and more robust as … [ Read more ]
Content: Article | Authors: Cesare R. Mainardi, Paul Leinwand, Shumeet Banerji | Source: “strategy+business” | Subject: Management