Delayering laid the path to get while in the medium term through essential changes to the company’s business and running model as a way to setup the company for lengthy-term success.
Business Transformation Even modern leading companies could benefit from an generally-on transformation capacity—The type that engenders resilience and results in extended-phrase price creation. BCG is aware of what it will take to build this muscle mass.
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What is definitely overlooked is that Nokia has radically and successfully reinvented alone a number of times in its 150-year historical past. This can make Nokia a major illustration of a “serial transformer.”
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The result was An additional 2 % increase in EBIT. Critically, this was a clear capacity that the company constructed up internally, with the objective of regularly strengthening its trade-marketing effectiveness over time, and that has continued to pay annual dividends.
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