THE RECOVERY CURVE
“The conventional view serves to protect us from the painful job of thinking.” John Kenneth Galbraith
The end of the mining boom, the rolling impact of the global financial crisis, a disrupted political environement, the growing pace of global competition, regulation and governance, and ever-increasing end-to-end digitisation drives most organisations in to a permanent state of cost cutting and re-organisation to meet basic strategic goals. Yet simple cost cutting without innovation designed to realise lasting structural productivity leads inevitably to a never ending destructive cycle of cost-cutting that destroys both culture and customer satisfaction and ultimately may destroy the organisation.
To survive and prosper we must be able to compete in this low-cost environment while concurrently developing competitive advantages as the economic environment cycles and evolves. To achieve this key goal all organisations need to continually adapt to changing market conditions through a consistent process of reducing and removing low-value processes and functions while re-directing appropriate resources to the on-going development of innovative products and services that meet and surpass their customers expectations.
Galbraith & Co. specialises in providing our clients with the expertise and tools that are tailored to meet their strategic goals, deliver sustainable productivity, and best practice performance.