𝗕𝟮𝗕-𝗧𝗵𝗲 𝗖𝗘𝗢 𝘀𝘂𝗿𝘃𝗶𝘃𝗮𝗹 𝗸𝗶𝘁
𝘓𝘦𝘢𝘴𝘪𝘯𝘨 𝘪𝘯𝘴𝘵𝘦𝘢𝘥 𝘰𝘧 𝘴𝘦𝘭𝘭𝘪𝘯𝘨—𝘵𝘩𝘦 𝘸𝘢𝘺 𝘵𝘰 𝘵𝘩𝘳𝘪𝘷𝘪𝘯𝘨
If you cannot sell your great products to another business, because they are too expensive in these tough times, have you considered leasing them?
If you cannot send your employees out to install the products, because of lockdown, have you considered online training or augmented reality to instruct the buyers’ staff in installing the products?
If you need to restructure your business because of the market slowdown, have you considered keeping the production employees and management tiers lean?
If you are often the last person to know what’s going on in production or what choices were made among alternative cost options in the supply chain, this suggests a dysfunctional business culture. Have you considered re-valuation or re-evaluation of the business’s values and investing now in values management?
Penny for your thoughts.