Posts Tagged ‘business growth’
5 LESSONS FROM COLLABORATIVE MANUFACTURING IN 2022
I recently facilitated a workshop focusing on the fundamental concepts of collaborative manufacturing. Now, those of you who know me well will understand that I’ve developed a ‘healthy scepticism’ toward the effectiveness of programs or initiatives presented as the ‘future for manufacturing’. I developed this scepticism over my years in steel manufacturing, where it was…
Read MoreMANUFACTURING: HOW TO SUCCEED THROUGH ONGOING CHANGE
One of the best pieces of advice I’ve received from a mentor was when he explained that the concept “Everything will be alright when…..” is what ruins the chance for success in anything we do. The world we live in has demonstrated this time after time in the last couple of years. Just when we…
Read MoreWHAT IT TAKES TO GO GLOBAL IN MANUFACTURING
Currently, only a small percentage of Australian companies are in overseas markets. However, going global can help you generate more revenue, boost sales, increase investment opportunities, diversify, lower costs and recruit new talent. In fact, many studies in Australian manufacturing have highlighted international expansion as a crucial element to sustainable success. But what does it…
Read More6 COMMON TRAITS OF A WORLD-CLASS MANUFACTURER
Australia is focused on building a world-class manufacturing industry, with this year’s budget adding a further $425 million to their existing $1.5 billion investment in manufacturing capabilities. But what does world-class actually look like at a business level? In the latest episode of my Manufacturing Mastery podcast (Episode 7), I sat down with my long-time…
Read MoreThe Language of Manufacturing
During a recent conversation with the owner of an innovative small manufacturing business, I was struck by what I believe highlights a road block many manufacturers in Australia face. Whilst discussing the opportunities for significant growth over the next year – and the imperative to increase output by 40% – the conversation focused on the…
Read More6 elements your manufacturing business plan needs
Operating a manufacturing business without a plan is somewhat like getting into a car, shutting your eyes and starting to drive. You just wouldn’t do it, and if you did, you’d likely not survive for long.
Read More10 ways to stay ahead of your business competitors
Knowing the competitive landscape is one of the most important aspects of building and maintaining a sustainable and profitable manufacturing business.
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