Medtech giant BD (Becton, Dickinson and Company) will be investing over $60 million to transform the manufacturing facility in Columbus, NE, into a plastic injection molding manufacturing center of excellence by 2021.
Category: business strategies
Rapid Organic Growth Strategies
Rapid business growth (organic) is critical lever for accelerated value creation. Business leaders need to have a clearly defined, articulated mission/vision statement, and high performance team are critically important to achieving and sustaining rapid growth in a business. A robust Business Development Strategy should strike a balance between the following levers along with a favorable customer experience to meet short and long term growth goals.
US Economy approaching full employment
Moody's Analytics states that a 4.4% unemployment is great news for employees and wages. Lower unemployment creates competitive pressures for the companies and wages increase.
Achieving Operational Excellence
Operational Excellence (OE) is executing in an efficient and effective manner across the value chain with a focus on delivering value to customers. The Operational Excellence program provides a framework to understand why and how performance needs to improve. The road to achieving operational excellence is by identifying value chain business processes, identifying strengths/weaknesses of them (based on key measurements and benchmarks) and redesigning these processes to align with corporate / strategic goals and ensure that organizations, resources and assets are utilized in the best possible manner.
What are Technology Roadmaps?
Successful companies utilize product or technology innovation is one of the most important differentiator that accelerates value creation. A technology roadmap is a plan that matches short-term and long-term goals with specific technology solutions to help meet those goals. It is a plan that applies to a new product or process, or to an emerging technology.