Our generation needs an ENTREPRENEURIAL REVOLUTION .Join
What adds or create value to a business? Or what delivers value? It is the business process!
The intensity of processes applied to a material determines how expensive or valuable the product will be; thus more processes that are applied to a product means it is going to be expensive.
May I say that when US outsourced its manufacturing to China and elsewhere in Asia, it destroyed its ability to create value and thus foretold its doom. Those who stuck to their manufacturing prowess are still around and prosperous. Thus manufacturing and/or its mastery is an important competence. And must be innovated constantly to be competitive and to be noticeable.
No comments:
Post a Comment