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Fit for Growth: A Guide to Strategic Cost Cutting, Restructuring, and Renewal
A practical approach to business transformation
Fit for Growth* is a unique approach to business transformation that explicitly connects growth strategy with cost management and organization restructuring. Drawing on 70-plus years of strategy consulting experience and in-depth research, the experts at PwC’s Strategy& lay out a winning framework that helps CEOs and senior executives transform their organizations for sustainable, profitable growth. This approach gives structure to strategy while promoting lasting change. Examples from Strategy&’s hundreds of clients illustrate successful transformation on the ground, and illuminate how senior and middle managers are able to take ownership and even thrive during difficult periods of transition. Throughout the Fit for Growth process, the focus is on maintaining consistent high-value performance while enabling fundamental change.
Strategy& has helped major clients around the globe achieve significant and sustained results with its research-backed approach to restructuring and cost reduction. This book provides practical guidance for leveraging that expertise to make the choices that allow companies to:
Achieve growth while reducing costs Manage transformation and transition productively Create lasting competitive advantage Deliver reliable, high-value performanceSustainable success is founded on efficiency and high performance. Companies are always looking to do more with less, but their efforts often work against them in the long run. Total business transformation requires total buy-in, and it entails a series of decisions that must not be made lightly. The Fit for Growth approach provides a clear strategy and practical framework for growth-oriented change, with expert guidance on getting it right.
*Fit for Growth is a registered service mark of PwC Strategy& Inc. in the United States281 pages, Kindle Edition
First published June 14, 2017
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Displaying 1 - 10 of 10 reviews
October 6, 2020
9 chiến lược quản trị và cắt giảm chi phí: business portfolio rationalization, zero-basing, aligning the operating model, outsourcing, footprint optimization, process excellence, restructuring management spansand layers, strategic supply management, and digitization.
Informative, Practical & Logical.
Informative, Practical & Logical.
November 19, 2023
Leí hasta un tercio. Al principio establece los principios fundamentales y luego se mete en la parte técnica de cómo aplicarlo, que no me interesa.
Ideas principales:
-Identificar las capacidades diferenciantes que tiene tu organización y protégelas, posiblemente incluso aumentando su inversión. Todas las demás, ser extremadamente exigente con los recortes. Justificar qué se debe mantener, no qué se debe quitar.
-Comunicar claramente por qué se necesitan y crear una cultura de mejora constante. Si los trabajadores se sienten parte de una malvada organización avariciosa en lugar de una ambiciosa que quiere proteger lo importante que hace, el cambio fracasará.
-Mantenerlo a lo largo del tiempo. Una intervención puntual ayuda, pero es el cambio de cultura y la atención constante a los gastos lo que permiten cumplir la misión a largo plazo. Ejercicio, no dieta exprés.
Ideas principales:
-Identificar las capacidades diferenciantes que tiene tu organización y protégelas, posiblemente incluso aumentando su inversión. Todas las demás, ser extremadamente exigente con los recortes. Justificar qué se debe mantener, no qué se debe quitar.
-Comunicar claramente por qué se necesitan y crear una cultura de mejora constante. Si los trabajadores se sienten parte de una malvada organización avariciosa en lugar de una ambiciosa que quiere proteger lo importante que hace, el cambio fracasará.
-Mantenerlo a lo largo del tiempo. Una intervención puntual ayuda, pero es el cambio de cultura y la atención constante a los gastos lo que permiten cumplir la misión a largo plazo. Ejercicio, no dieta exprés.
September 9, 2023
Dry and filled with anecdotes about nameless companies and unsupported numbers. Some nice ideas of what could be attempted during a transition, but didn’t present a compelling case that it is the best option.
January 10, 2019
- Clear framework. From what to cut, how to execute and how to become strong
- Couple of interesting case studies
- Influenced me. Some new good reflections
- Couple of interesting case studies
- Influenced me. Some new good reflections
April 26, 2024
cắt giảm để tăng trưởng
Shelved as 'blinkist'
December 1, 2018meh
The key message in these blinks:
In their quest for long-term success, most leaders focus on growing their company’s revenues. However, when it comes to sustainable growth, you should focus on cutting costs in many areas of your organization, while only reinvesting in those areas that represent your businesses’ unique strengths. Cost cutting is a stressful undertaking, but it is also the best way to secure your company’s future prosperity.
Actionable advice:
What exactly should you outsource?
So you’ve decided to outsource some of your company’s work to external service providers. Good decision! But which organizational activities should you move? Focus on offloading standardized processes that are well-documented with clearly defined inputs and measurable outputs. And, though it’s tempting, try not to outsource highly complex processes, such as those requiring judgment calls by experienced front-line workers.
The key message in these blinks:
In their quest for long-term success, most leaders focus on growing their company’s revenues. However, when it comes to sustainable growth, you should focus on cutting costs in many areas of your organization, while only reinvesting in those areas that represent your businesses’ unique strengths. Cost cutting is a stressful undertaking, but it is also the best way to secure your company’s future prosperity.
Actionable advice:
What exactly should you outsource?
So you’ve decided to outsource some of your company’s work to external service providers. Good decision! But which organizational activities should you move? Focus on offloading standardized processes that are well-documented with clearly defined inputs and measurable outputs. And, though it’s tempting, try not to outsource highly complex processes, such as those requiring judgment calls by experienced front-line workers.
November 13, 2018
Most leaders focus on growing their company, especially when revenue is involved. However, when it comes to sustainable growth, one should focus on cutting costs in many areas of an organization, while only reinvesting in those areas that represent the business’ unique strengths, i.e. company’s USP.
Inevitably, cost cutting is a stressful undertaking, but it is also the best way to secure a company’s future prosperity.
Inevitably, cost cutting is a stressful undertaking, but it is also the best way to secure a company’s future prosperity.
September 4, 2017
Mais ideias requentadas em um business book...
November 19, 2018
A book for cost control in organizations
April 20, 2021
Good concepts but incredibly dull writing.
Displaying 1 - 10 of 10 reviews