A Guide to Strategic Cost Cutting, Restructuring and Renewal

Image result for fit for growth Vinay Couto, John Plansky & Deniz CaglarVery few organizations manage their expenses for sustainable success. And when the time inevitably comes to cut their costs, many companies cut in a way that makes them weaker, not stronger.

The experienced consultants with PwC’s Strategy& team reveal the hidden problems of conventional cost management –– and how your company can do better. Drawing on decades of research, observation and experience helping clients, these experts have developed a unique approach to help CEOs and senior executives cut costs constructively.

The Fit for Growth concept redirects an organization’s resources and investments toward its few differentiating capabilities –– the strengths that set it apart from competitors. When a company manages costs this way, it becomes fit for growth. Its cost structure, organization and culture are aligned with its strategy.

Total business transformation requires total buy-in, and it entails a series of decisions that must not be made lightly. Fit for Growth offers a definitive game plan to cut costs and grow stronger.

IN THIS SUMMARY, YOU WILL LEARN:
• The three essential actions for becoming Fit to Grow.
• Why growth requires cuts and how to achieve both.
• Smart levers to restructure costs.
• Strategies to help leaders, managers and employees embrace large-scale organizational transformation.