How complex is your business? Are there ways to make it simpler, more efficient, and easier to operate?
Reducing organizational complexity may have a strong impact on profitability, transferability, and stability, and ultimately on the business' marketability and value when your business broker sells it. Following is a link to a November 2005 Harvard Business Review article that describes how and why complexity can adversely impact a business, and how to determine the right balance of complexity and simplicity for your business:
Innovation Versus Complexity: What Is Too Much of a Good Thing?
Reducing organizational complexity may have a strong impact on profitability, transferability, and stability, and ultimately on the business' marketability and value when your business broker sells it. Following is a link to a November 2005 Harvard Business Review article that describes how and why complexity can adversely impact a business, and how to determine the right balance of complexity and simplicity for your business:
Innovation Versus Complexity: What Is Too Much of a Good Thing?
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