Business Transitions
Oct 01
Posted: under Transitions.
Tags: Transition
Many businesses, whether manufacturing, retail, service oriented, or just about any other type, are facing a period of transition. Some may be trying to find ways to cut costs to defray the rising cost of fuel for delivery, utilities, heath care and other benefits, increases in minimum wages, etc. Some are struggling to stay ahead of (or get ahead of) competition. Some may be trying to balance new and exciting technologies with the need for continued support for older legacy technologies. Some are facing new challenges of picking up new business transferred from some other company closing its facilities.
Some of these transitions are good and exciting, some are scary, but it is always good to rethink what the company or business objectives, methods, strengths and weaknesses are. Is there a better, more efficient way to do this? Can we reduce the amount of waste? Can we utilize the scrap material in other ways? Can we do the same thing, only “greener”? If we work longer hours and shorter weeks, can we save utility costs? Can we hire more personnel without having to struggle through an extended training period? Can an experiences operator train a new hire without himself/herself becoming unproductive during the training period?
There are so many possibilities, hinderances, uncertainties, variables to consider. Yet we know that God gives wisdom to the prudent.
