Simplifying for Success in a Business Turnaround
Aug 22, 2024•5 min•Ep. 9
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Episode description
When a company is in a growth phase, it’s natural to expand — new divisions are added, management layers increase, and more complex projects are taken on. This is all part of scaling up and capturing more opportunities in the market. Growing revenue is essential. But what happens when the business hits a downturn? Those same strategies that worked so well during the growth phase can start to weigh the company down.
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