business strategies · Change management · Growth & Profitability · manufacturing · Successful Strategies

Strategic Cost Management

Most executives will state that "we have too many cost reduction opportunities" but when asked how many will specifically drive profitable growth then they may answer "I am not sure but they should". Such broad based initiatives that are taken up as a result of problem can result in "cost reduction fatigue" where cost reductions are unsustainable or are not aligned with the long term profitable growth.

business strategies · Change management · Growth & Profitability · manufacturing · Successful Strategies

Execution is driven by people not by strategy

Strategic leaders spend a lot of time and efforts on developing robust strategic plans, vision, road maps and initiatives, and they should spend just as much time if not more on the "people" to ensure that execution per the vision is realized.Industry experts state that no matter how difficult the strategic planning is, execution can be 10 times harder however typically it is the flawlessness of the execution that separates the winners from the losers.

business strategies · Change management · Growth & Profitability · manufacturing · Successful Strategies

Strategic leaders need to be agile yet consistent

Today's global and highly competitive economy requires the strategic leaders to be agile yet consistent .... is there a conflict ? Leaders must resolve the tensions between competing values and traits and must carefully monitor their own strengths so those strengths don’t lapse into weaknesses. At the core strategic leadership is about "asking the right question".

automotive · business strategies · Change management · elastomer · Global trends · Growth & Profitability · Industry 4.0 · Ketan Deshpande · manufacturing · medical industry · Minnesota · MN · renewable energy · Solar, Wind, Hydro, and more · Successful Strategies · Thermoplastic

Maximize profitability-Credits and Rebates

Business leaders can significantly improve the ROI on the R&D, and Operations capital by strategically approaching all available federal & state tax credits and rebate program.Research & Development Tax Credits and Commercial & Industrial Energy Conservation Rebates are two such examples. Read on to gain insights into profitability improvement opportunities these credits & rebates offer.

automotive · business strategies · Change management · elastomer · Growth & Profitability · manufacturing · medical industry · Successful Strategies · Thermoplastic

Why is Business Development important

Sales and business development are the same. Right ?No doubt both activities lead to growth, however they achieve this very differently. Read on to understand how strategic business development can accelerate revenue growth, build collaborative partnerships with customers and leads to sustained competitive advantage by leveraging organizations Operation Excellence.

china · economy · European economy · Global economy · Global trends · Life

Luxury spending to rise in 2017

Recovery of tourism in Europe and China's growing domestic demand will continue drive year-over-year growth of the luxury goods. Sales are projected to grow by 3 to 4 percent through 2020 .....

3D printing · additive manufacturing · Automation · business strategies · Global trends · medical industry · New Technology · Successful Strategies

2017 Medical Device Manufacturing Outlook

In 2017 the medical device market must adapt to constant changes in the medical landscape to continue its consistent growth. The demand for more advanced, more personalized treatment; increased availability of healthcare; and an aging population are pushing the market and expanding technologies. These advancements require accelerated design and production to get products to market quickly, efficiently, and cost-effectively.