Nithya Vaduganathan

Sep 16, 2024 | bcg.com | Paul Goydan |Kevin Kelley |Nithya Vaduganathan

How BCG used a cascaded and holistic organization-design approach to help a global biotech firm reduce its gross labor and non-labor costs by 20%. A global biotechnology company realized that it had to embrace major structural changes to achieve financial stability. The firm was amid significant portfolio changes, including patent expiry on its main product and a pivot to investment in new disease areas. Revenue had slid significantly in the previous three years.