Firms have to strategize for growth and simultaneously focus on productivity.
Scaling more productive business models or technologies.
Shifting regional and product portfolios toward the most productive businesses or adjacencies.
Reshaping customer value propositions to grow revenue and value added.
Building scale and network effects. Examples of firms offering more for less include Amazon scaling its fulfillment capabilities to make them available to more shoppers and partner retailers;
Transforming operations to raise labor efficiency and reduce external cost at scale.
https://www.youtube.com/watch?v=oVF82o1q4QQ
https://www.edwardconard.com/macro-roundup/a-mckinsey-analysis-finds-btw-2011-2019-5-of-american-firms-drove-80-of-real-gross-value-added-per-worker-gains-the-us-sample-had-3x-the-number-of-leading-firms-relative-to-straggl/
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