McKinsey: Rethinking the rules of reorganization

Rethinking the rules of reorganization

With the US consumer sector changing at an unprecedented pace, retailers and consumer-goods manufacturers are actively reshaping their business and strengthening their presence in new and fast-growing markets and channels. To help fund their efforts in these new growth areas, companies are on a seemingly constant quest to cut selling, general, and administrative costs-and many of these cost-cutting programs involve reorganization.