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Strategy: Turning Trash into Treasure
By Denise Harrison, Executive Vice President and COO Discussions concerning waste disposal and environmental impact are showing up more frequently during strategic plan development. With disposal costs and environmental regulations increasing, companies are finding creative ways to deal with their waste. Here is one example. Cheese Brine Cheese production in Wisconsin is big business; – […]Continue reading
Fine Tune your Value Chain: Create a Lasting Competitive Advantage
by Margaret Lawrence Good strategic planning begins with customer focus. Knowing your market is critical, deciding which segments to pursue is a priority, but the process does not end there. To compete effectively, you need to create value for your customers in ways your competitors can’t. Look to your value chain to accomplish this. What […]Continue reading
Execution: Can You See the Path?
Denise Harrison; EVP & COO Recently I was discussing action plan progress (or lack of progress) with the action plan team. I asked the team what are the milestones for next month? What do we need to be doing in order to achieve our objective? It surprised me that the team could not identify the […]Continue reading
Sit still or move forward?
Conventional wisdom has it that sitting still is a strategic disaster – especially in high tech, but also in more mundane industries. As with many chestnuts I hear in strategic planning meetings, this one is both true and false. It’s true because the world will continue to move on with or without your company – […]Continue reading
Social Media and Strategic Planning
By Denise Harrison, EVP and COO Some companies are using social media to position themselves as thought leaders in their industry; others are using it to provide information and better customer service. Other companies are perplexed at how social media can help them. There are many examples of how to use the various forms of […]Continue reading
Manufacturing Companies Gain Flexibility through 3-D Printing
Old News The ability to take a CAD drawing and create a physical prototype using 3-D printing was breakthrough technology 20 years ago. Now most design engineers use this capability to speed the new product development process quickly moving from concept models to functional prototypes into production. New News While visiting Stratasys, a leader in […]Continue reading