Finding Efficiencies and Simplifying for a Business Turnaround

When a business is in distress, the instinct is often to do more—try new things, add more services, expand into different areas. But, when your business is in survival mode, doing more often leads to greater complexity and higher costs. What your business really needs is less. Less complication, less waste, and fewer unnecessary activities. Simplifying and focusing on efficiency can be the keys to turning things around. But why Efficiency Matters in a Turnaround?