Why didn’t I think of that? We’ve all been there, watching “Shark Tank” or a commercial for a new product that’s deceptively simple or ingenuously innovative, something we know we could have come up with, if only we had! Perhaps you’ve heard about a competitor’s new system or creative solution and wanted to slap your own forehead. Why didn’t we think of that?
Low energy, labor and money costs make this a great time to improve your manufacturing operations, gain efficiency and hedge future expenses. But if your operation is running smoothly, how can you spot existing opportunities to innovate and drive more value to your organization? Here are some areas to consider:
If you feel a little stagnant, a fresh perspective is invaluable. Be it interacting with other departments in your organization, talking to your industry peers, reviewing the new offerings of your technical partners or working in consultation with a professional services firm, there are endless opportunities to leverage business value from today’s latest trends. After all, depending on your perspective from the Shark Tank, the opportunity to create value is either ‘no where’ or ‘now here.’