THE ROAD FROM PRODUCTIVITY TO TRUE INNOVATION
“The conventional view serves to protect us from the painful job of thinking.” – John Kenneth Galbraith
The economic cycle, a disrupted political environment, the growing pace of global competition, regulation and governance, and ever-increasing end-to-end digitization drives most organizations in to a permanent state of cost cutting and re-organization to meet basic strategic goals. Yet simple cost cutting without innovation designed to realize 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 organization.
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 organizations 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. specializes in providing our clients with the expertise and tools that are tailored to meet their strategic goals, deliver sustainable productivity, and best practice performance.