Digital transformation is truly a paradigm shift for the organization. While the tendency is to focus on the technological enablers, organizational adoption is an often overlooked, critical link between having the right technology and achieving a step change in operational productivity. Here are four realities a manufacturing organization must address to be successful in a digital transformation.
In today’s new reality, digital transformation is accelerating in support of remote working and building a more resilient future. YOUR biggest challenge? Managing through all this rapid change.
With surmounting pressure to grow huge dollar amounts just to achieve single-digit percentage growth for shareholders, companies are looking to cost cutting as their saving grace. Controlling cost is important but making it the primary focus can lead companies astray, with a high risk of ultimate failure.
In Understanding the Cost of Compliance: A Framework, we outlined a framework for organizations to understand how much they’re spending on regulatory compliance and whether that investment is sufficient and effectively allocated. In Anticipating Regulation & the Cost to Conform we more deeply explored the Conformance Cost category of the framework. Now, we will discuss the Maintenance and Non-Conformance categories.
In Understanding the Cost of Compliance: A Framework, we outlined a framework for organizations to understand how much they’re spending on regulatory compliance and whether that investment is sufficient and effectively allocated. We will now take a deeper dive into the “Conformance Cost” category.
While navigating the ever-changing landscape of regulations, how can large F&B organizations understand how much they’re spending on regulatory compliance and whether that investment is sufficient and effectively allocated?
Saluting innovation at Tostitos for offering their chips with a side of breathalyzer.
