In any business, there’s a spectrum of decisions that you have to make all the time, and they relate directly to quality versus quantity. And especially in industrial businesses, those choices end up with more significant impacts and consequences.
When you think about things like specialized materials and processes, risk considerations, long-term financial planning, and adapting with technology, you’ll note that particularly with heavy industry or chemical companies, mitigating factors will push you in one direction or another. If you let your decisions happen without foresight, you can end up in a place eventually without intending to. [Read more…] about Quality and Quantity: Industrial Business Decisions
Originally posted on December 8, 2017 @ 8:14 am