Strategy & Corporate Performance

Out of the Crisis with an Improved Cost Position

A leaner organization in four phases

Dr. Stefan Frings

April 8, 2021

On this page
Back to Insights

When a recession of almost historic proportions hit many industries following the financial crisis over 12 years ago, most companies were utterly unprepared. The same happened again to many companies last year. While the beginning of the COVID-19 crisis was marked by pure economic survival instinct, companies are now faced with the challenge of finding the right strategic position to emerge from the crisis. What is important in that context?

“The acceleration of digitization on the one and the realignment of the supply chain . Above all, however, what is important is ensuring a competitive cost level,” says Dr. Stefan Frings, partner at enomyc. How is that possible? What ways are there to reduce overhead costs? Find out more about key questions and switch levers that can be tackled to increase the efficiency of a company in the short term.