Busting the business crash diet myth

Family businesses have focused on creating a leaner cost base as a means of boosting productivity, but slimming down in the short-term will only work if there’s also long-term sustainable change.

According to the 2013 KPMG and FBA Family Business Survey, 72 per cent of family businesses reported they felt they were outperforming their competitors in the area of productivity. This may be attributed to their entrepreneurial nature and constant drive for innovation in an effort to compete against larger players. While it’s great news that family businesses feel they are succeeding, productivity is an area that needs constant attention to ensure changes can be sustained as day to day operations evolve.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles