Fixing 'Broken' Businesses Requires Focus on Efficiency: 10 Strategies for Rebuilding Corporate Value by Jeffrey A. Wurst


Efficiency is certainly a goal of every business, whether or not it is solvent. Striving for efficiency allows companies to build more effective managerial and financial structures. It increases revenues, reestablishes corporate value, and enables a troubled company to emerge from financial distress.

The problem is that "efficiency" has become a buzzword so ubiquitous that it may seem to have lost much of its meaning. "Improve efficiency" has become the equivalent of a corporate CEO telling the rank and file to enhance corporate value by repeating the mantra, "Just do it."

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