December 12, 2024

Widthness LLC

Advanced Business and Technology – AI & Intel® Xeon® Powered

How Midsize Companies Can Maximize Growth and Efficiency

1 min read
How Midsize Companies Can Maximize Growth and Efficiency

Photo: MirageC / Getty Images. Article by Nick Araco, Jr. and Steven Higgins. Harvard Business Review – April 30, 2021.

Summary. In 2021, midsize companies are ready to grow by taking advantage of pent-up demand. But how can they fund the growth they seek? Many of these companies have the solution at hand but don’t know it. Data and research show that middle-market companies can fund much of their growth through efficiency. Often, however, companies look for efficiency by cutting costs in ways that actually defund growth and leave an enterprise anemic and stressed. The authors offer three approaches that feed efficiency and growth at the same time. First, look at the complete productivity equation. Second, manage your capital properly. Finally, take advantage of three unique cost-management opportunities. […]

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