The Cost of Cost Efficiency: Why Some Businesses Save Money and Lose Their Identity

The Cost of Cost Efficiency: Why Some Businesses Save Money and Lose Their Identity

How businesses can accidentally make themselves forgettable by focusing too much on efficiency. There was a time when efficiency was a relatively straightforward concept. You found a way to do something faster, cheaper, or better. Ideally, all three. Everyone celebrated, productivity increased, and somebody somewhere received a promotion. Simple. Then businesses discovered spreadsheets, and things…