Cost-cutting without Increasing Risks
Search documents
5 capabilities that differentiate high-efficiency organizations
Yahoo Finance· 2025-11-21 07:50
Core Insights - The ability to adapt and recover from disruptions is crucial for a company's long-term survival, with resilience being defined differently across organizations [1] - A survey by Grant Thornton found that 80% of business leaders view maintaining core operations under stress as a key aspect of enterprise resilience, alongside other elements like learning from past disruptions and having a cross-trained workforce [2] Resilience and Efficiency - There is a strong correlation between resilience and efficiency, with 71% of respondents from high-efficiency companies rating their resilience as "above average," compared to only 28% from low-efficiency companies [3] Differentiating Capabilities - High-efficiency organizations prioritize formal workforce resilience programs, with 66% of them operating such programs compared to only 30% of low-efficiency companies [4] - Cost-cutting strategies in high-efficiency companies often include redundancy and flexibility, with 69% of them factoring these elements into their programs, while only 26% of low-efficiency companies do the same [6]