Creating sustainable improvements to a company’s cost structure requires three elements: choosing the right business model, determining how decisions will be made and putting the decisions into action. When improving their cost structure, many companies jump directly to action; however, the results are generally disappointing and, even if they are acceptable, usually hard to sustain.
Deloitte Consulting LLP’s three-part series, Three Steps to Sustainable and Scalable Change, takes a detailed look at all of the activities necessary to produce cost structure improvements that can withstand the test of time:
* Part 1: Rethinking a Company’s Business Model offers fresh and practical advice to help companies choose the right model. This provides a blueprint to guide the overall effort.
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