Fit for Growth: A Guide to Strategic Cost Cutting, Restructuring, and Renewal
- 4h 7m
- Deniz Caglar, John Plansky, Vinay Couto
- John Wiley & Sons (US)
- 2017
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 performance
Sustainable 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 States
In this Book
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Do You Need to Cut to Grow?
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Becoming Fit for Growth—The Restructuring and Renewal Journey
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The Leader's Role—Aligning Costs with Strategy
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Levers of Cost Reduction—What, Where, and How
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Portfolio Rationalization—Decide What Business You Should Be in
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Zero-Basing—Justify What to Keep, Not What to Kill
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Aligning the Operating Model—Redefine Where Critical Work Gets Done
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Outsourcing—Let External Providers Generate Value for You
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Footprint Optimization—Rethink Your Operations and Overhead Locations
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Process Excellence—Simplify Work and Minimize Bureaucracy
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Spans and Layers—Flatten and Empower the Organization
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Strategic Supply Management—Extract More Value from Your Purchases
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Digitization—Make Technology a Game Changer
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Running a Cost Transformation—Mobilizing, Scaling, and Sustaining
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Morale, Emotions, and Expectations—Leading during a Restructuring
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The Human Element—Getting People Ready, Willing, and Able to Change
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Staying Fit for Growth
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Notes
