As we transition to a more fully-operational business environment, many of us in manufacturing are working to create a new way forward by looking for ways to leverage new approaches, new technologies and new opportunities in the marketplace. As we do this, it’s important to recognize that now is also an excellent time to envision and pursue the “next generation” version of your business. At Okuma, we want to provide resources that can become a launch pad for igniting a sustainable new phase of growth.
Put Your Plans in Motion
Creating the next-gen version of your business will require some planning. What will your market(s) look like for the remainder of 2021 and beyond? Will your customer’s needs change in some ways? Are there fresh prospects you should be connecting with? Everyone is grappling with these issues right now, and if they’re not, they should be! I believe the time window for putting plans in motion is short, because many industries will pick up quickly as market sectors continue to open up.
Maintain an Adaptive Organization
In addition to looking for new opportunities, it’s wise to reflect on the valuable lessons we learned over the past several months. Many have recognized the importance of being agile and nimble, having the ability to respond quickly to challenges and opportunities. We saw companies make radical changes to production processes to supply high-demand items such as respirators and personal protective equipment. These needs have, to a certain extent, abated, but maintaining an adaptive organization will continue to pay dividends.
Tap Into Experienced Talent
Okuma is positioned to support you through this critical transition phase of your business. In this season of planning for “what’s next”, it’s wise to consider tapping into experienced talent in various areas of expertise. At Okuma we’re kicking off a program called On-Demand with Okuma that enables you to get the best minds in the business together to work on your behalf, at no cost to you. Our interest is in supporting your success, which, quite simply, is good for everyone’s business.