Right shaping / right sizing
The challenge companies face nowadays is twofold: to reduce operational costs, often substantially, and to operate through a prolonged period of heightened market pressure. The intelligent right-sizing approach will help you to protect the core skills and knowledge that will see your business through these difficult market conditions.
It involves identifying areas of your business where reductions are most appropriate, addressing the specific internal and external drivers that impact your organization, looking beyond the immediate cost savings and taking into consideration your wider strategic agenda.
- Keeping the medium-term strategic agenda in focus, beyond simple immediate cost-cutting imperatives
- Applying clear operational insight into performance and vital capabilities to drive decision-making
- Implementing headcount reductions quickly, whilst also ensuring tight management of capability decline