Financial Times FT.com

Personal view: Managing complexity is the first priority

By John Swainson

Published: March 11 2009 17:51 | Last updated: March 11 2009 17:51

The current economic environment has intensified the pressure to do more with less. Companies must cut costs and become more efficient.

At the same time, however, they need to continue developing competitive advantages in order both to survive the economic downturn and position themselves for growth when markets improve.

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