Principles of Maximizing Profitability
There may not be a more fundamentally important topic for consulting firms than improving profits.
Shareholders ultimately want a return on their investment and buyers are looking for evidence of healthy growth, while strong profitability is required to sustain growth and equity realization.
The levers that need to be pulled to improve margin – revenue and cost – might be well understood, but the combination of activities required are often more nuanced.
We’ve identified the top strategies firms can use to start improving profits now.