Fit for Growth
A Guide to Strategic Cost Cutting, Restructuring, and Renewal
Summary:
The book provides a framework for companies to manage costs effectively while investing in growth areas by aligning their cost structure with their strategy and making targeted cuts. It offers practical advice on restructuring resources and operations to become more competitive and agile in the marketplace.
Key points:
1. Cost Value Framework: Focus on investing in what sets you apart and cut costs in non-essential areas to align spending with strategy.
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