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I want American industries to thrive ! In my mind , if a company does not continuously evolve , they will become less relevant and eventually become extinct
supply chain resilience , speed to customers , etc . means that the entire process needs to be carefully evaluated .
As a company that ’ s been around for 150 years , Savills understands the drivers that impact the decision-making process . We don ’ t use the terms “ I think ” or “ I feel ” much in this part of the process , because the data drives the decision-making process . It is the heat shield to show that the due diligence has been performed . We can quantify the savings of locating in one place over another , so you are not leaving money , or opportunities , on the table .
Once the quantitative side of the exercise is complete , there is the qualitative side as well – where we make certain that there is a cultural fit with the communities in consideration .
What would you say are the biggest challenges facing the manufacturing industry , and what strategies do organizations need to ensure are in place to tackle them ? There are so many challenges out there . The consumer demands are changing faster , the competition is more global in nature and the threat of constant global disruption threatens supply chains – All things that we cannot control !
In my opinion , the one thing that business leaders can do to take on these challenges is cultivate and maintain a corporate culture that focuses on continuous improvement and relentless innovation . The competition is tough out there , and no company can rest on its laurels when we live in such a hypercompetitive world . We are constantly under threat of newer , cheaper and better products coming to market that could erode our market share .
We don ’ t know what the next changepoint will be that shifts manufacturing , and sometimes just reacting is not enough . To foster a corporate philosophy on continuous improvement , open dialogue and relentless innovation are the things that we CAN do within our organizations to prepare for whatever challenges lie ahead . I want American industries to thrive ! In my mind , if a company does not continuously evolve , they will become less relevant and eventually become extinct . We must embrace and lean into change .
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