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Less Complicated Companies Achieve Above-Average Revenue Growth and Profit Margins, New Study Shows

BOSTON, Jan. 16, 2018 (GLOBE NEWSWIRE) — Corporations often respond to an increasingly complex business environment by adding new functions, layers, roles, rules, and processes, hampering productivity and hindering growth and profitability, according to a recent Study conducted by The Boston Consulting Group (BCG). Reducing complicatedness, the results suggest, can significantly improve responsiveness and create competitive advantage over slower-moving rivals. BCG’s Smart Simplicity team surveyed corporate leaders, managers, and employees at more than 1,000 Companies about their company’s business practices in eight key dimensions previously identified as common sources of excessive complicatedness. Survey respondents can compare their company’s results with […]

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Less Complicated Companies Achieve Above-Average Revenue Growth and Profit Margins, New Study Shows

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