How to Invest in Yourself
Just as a reminder, to invest in yourself means to invest in your own interests in the fields of automation and enterprise integration. It sounds like a major undertaking. It can be, but it doesn???t have to be. Since you???re in control, you get to decide how much you want to invest and what kind of results you want to achieve. Even a small investment can be incredibly rewarding.
Here???s the basic process:
- Conduct an audit of your manufacturing operations to determine efficiency.
This may require a flash diagnostic, which is a quick, broad look at the business. It???s a cost-effective way to identify (at a high level) high-ROI opportunities and enable a more in-depth study of the business operations. - Get the cooperation of your entire organization.
Your success requires buy-in from everyone involved. A good solutions partner will help you with organizational planning and work to prepare your team for the challenge at hand. - Deploy the right solution.
Investing in yourself starts with you and your basic business requirements. Only you can ultimately decide which approach is best. - Choose a partner to help you select and implement the right investments.
An industry expert will be able to recommend the right level of technology, at the right cost and in the right timeframe to meet your unique business needs. This partner will help you find a solution that complements the existing infrastructure and can help deploy the capital investment in a well-orchestrated fashion, considering cash flow requirements and resource limitations while minimizing production interruptions. Then, work with the partner to implement the required systems at each level ??? in the right place, at the right time and at the right cost. - Reap the ongoing rewards.
Remember, a proper investment is not a ???one-shot wonder???; it should deliver an annuity-type return. Design your Capex program around solutions that deliver ongoing returns year after year.
So, what are you thinking? Does this seem like something you???d want to do at your organization? Have you done it already? Let us know in the comments. If you???d rather talk one-on-one about specific opportunities at your company, contact MAVERICK or e-mail me directly.
Next week we???ll look at what you can expect when you invest in yourself.