Zeroing out the past
September 21, 2017
September 21, 2017
Disruption is pushing companies to rethink their businesses. Yet, capabilities and talent are not pivoting fast enough. The workforce is performing tasks in ways that have been passed down from previous generations. So, employees are often performing work that no longer contributes to valued or strategic outcomes.
Only one quarter of executives think their company’s operating model has evolved quickly enough to align to their strategy.
Organizational inertia is deadly. ZBx (Zero-based mindset) is a new way to drive profitability that emphasizes the future over the past. A critical component of ZBx, ZBO (zero-based organization) designs the organization from a clean sheet, shifting talent toward work that contributes to the distinctive capabilities, operating model and outcomes needed to fuel growth.
Accenture's ZBx is a new way to drive profitability that emphasizes the future over the past and fuel growth. See more.
View TranscriptZBO requires organizations to abandon "always done" mindsets and think and work in new ways.
Companies need to create better forensic visibility into spending, and then make savings sustainable through better accountability, process improvements and culture change. And most importantly, organizations should closely link spending reduction with their strategic growth plans.
Strategic cost reduction can only be successful if the savings are reinvested in areas of the company to drive growth, innovation, improved productivity, and better customer experiences.
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