Posted by:
I’ve posted before on how often firms over-expand and over-extend themselves*. Growth through Focus in strategy+business warns of the same danger, and explains how “companies should follow a seven-step strategy for achieving more with less”.
*Search in this blog for ‘expand’ and ‘extension’ for some posts on this issue.
When will the business climate improve? – wrong question! I’m not usually a fan of Fortune – too focused on personalities, rather than what actually gets done and works – but great item by Ram Charan explains with some good examples [GE and environment services group Nalco] that strong companies are looking to drive forward, rather than hunkering down and hoping. Yes, they have cut costs and conserved cash, but refocused to position themselves for growth.
One intriguing piece ...
Continue Reading →