Why Incremental Change is No Longer Enough
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In today's market, change is happening more rapidly and competition is getting more intense, says Philip Price, former CFO of Reader's Digest Europe, and that means you need to look at your whole business model in order to remain competitive. That's where a more radical approach becomes necessary. In this PEX Network video interview, Price discusses what he believes transformation means, how he sees continuous improvement approaches like Lean Six Sigma supporting it, and the keys to leading successful change within organisations. He also comments on why he believes focusing on cost is the wrong approach to take for process excellence.