Profit, Polished
Efficiency, strategy, and smart decision-making is essential for sustainable growth
By Andrea Hill
Improving profitability is a full-contact sport touching every aspect of your business. From product development to people management, profits can be found (and lost) in every nook and cranny. But chasing every dollar isn’t the goal. True profitability comes from a holistic approach. Efficiency isn’t just about cutting costs; cost-cutting alone is a zero-sum game. Efficiency is about optimizing every aspect of your operation. Sound like a big task? It is…but that’s the work of running a profitable business. Here’s a framework—RENEW—to help you focus on creating a more efficient, profitable operation in 2025.