Finance:Global Simplicity Index
The Global Simplicity Index 2011 is the first ever study to calculate the cost of complexity in the world's largest organisations. The research was conducted jointly by management consultancy, Simplicity, and Warwick Business School. The Global Simplicity Index has identified that the world's largest companies lose an average of 10.2% of their profits (EBITDA) as a result of unnecessary complexity.
The Global Simplicity Index has identified that complexity occurs in five key areas of an organisation: people, processes, organisational design, strategy, and products and services.
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- Collinson, Simon. "Reducing complexity: Should finance directors be leading the way?". Director of Finance Online. http://www.dofonline.co.uk/management/management-2010/2256-reducing-complexity-should-finance-directors-be-leading-the-way.
- "More about The Global Simplicity Index". Simplicity Partnership. Archived from the original on April 25, 2011. https://web.archive.org/web/20110425220710/http://www.simplicitypartnership.com/what-we-do/how-we-simplify-your-business/diagnosing-your-complexity-problems/more-about-the-global-simplicity-index/. Retrieved 13 May 2011.
Original source: https://en.wikipedia.org/wiki/ Global Simplicity Index. Read more