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Business Turnaround podcast

Boosting Labor Efficiency During a Business Turnaround

12 Dec 2024

Description

When a business is in trouble, one of the first places to look for improvement is in how efficiently labor is being utilized. Labor costs are often one of the largest expenses for a company, especially in blue-collar industries. If your team isn’t operating efficiently, it could be draining resources and holding the business back from profitability. Let’s explore how you can approach this strategically in your turnaround.

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