PostStrategy
1 min read
Transforming a company is no longer just about cutting costs…
A comment on a post by McKinsey & Company
Transforming a company is no longer just about cutting costs—it's about reimagining the business and making it fit for the future.
⬇️ 1️⃣ Start with strategy 2️⃣ Execute across 4 critical workstreams: Cost optimization, Growth, Organizational effectiveness, and Digital enablement 3️⃣ Embed transformation practices into business-as-usual Learn how you can take your transformation to the next level—and make it stick. https://mck.co/3xmruJX…
Read the original on LinkedInIt's certainly noteworthy that by June 2024 McKinsey finds out and declares that: "Transforming a company is no longer just about cutting costs....". 😂
Rather it’s about: "- reimagining the business and making it fit for the future". What an exhilarating deep insight....
But let's not get nervous here, with: "Execute across 4 critical workstreams: Cost optimization, Growth, Organizational effectiveness, and Digital enablement",
cost cutting is still listed first😉