In the first installment of our Growth and Cost Takeout for Capital Markets Series, we detailed the imperative for growth and cost takeout to work in tandem. A growth strategy acts as the first aspirational portion of this approach. In this article, we will describe how businesses can reorganize and instill discipline to become leaner, more customer-centric, and competitive at the same time. We will consider why and how cost takeout and leaner operating models can fuel growth.
- Following the growth strategy, firm operating models should be assessed for opportunities to support growth initiatives while addressing efficiency needs
- An operating model of the future can deliver optimal resource allocation for top and bottom-line efficiencies at the same time
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