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Many companies face significant challenges in meeting cost targets. Whether they're fledgling start-ups or established conglomerates, companies often encounter a familiar scenario: as their product launch draws near, they are caught in a struggle to reduce ballooning costs. Despite efforts, companies often find themselves compelled to raise prices or compromise on product quality to meet revenue and profitability targets.
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We start with a large number of ideas, agree to build on each other's ideas, and work together to build ideas until we have the best ideas possible.
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Change is hard…super hard. We often don’t talk about how likely it is that our change initiative will fail because we don’t want to jinx it. However, studies have put organizational change failure rates at over fifty percent. Just think about that…we’re more likely to fail than succeed. We have to break this failure cycle!
Sometimes the greatest ideas come from unexpected places. That’s why I’m an advocate for “going and seeing.”  
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The new year is well underway, and the Center for Operational Excellence is looking forward to the connections to be made and the programming to be shared that will help your organizations build resilience and adaptability in 2024. We know that many of our member companies are experiencing organizational change stemming from leadership transitions, emerging technology, economic constraints, and a host of other factors.