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By Dr. Shruti Bhat, PhD (Tech), MBA, Certified Lean Six Sigma Black Belt
Rationale for Continuous Improvement-
Traditionally rising competition and changing customer demands have posed immense challenges to businesses. However, businesses today must deal with two additional problems, namely- fluctuating market economy and irregular cash flow. There is little direct control a business has over market economy, competition or customer demand. But preventing a situation of irregular cash flow is hundred percent in the hands of the company.
As many as 80% of small businesses worldwide deal with irregular cash flow crisis on a daily basis. This can be completely avoided by practising a culture of Continuous Improvement.
Here are four crucial tips for meeting success with Continuous Improvement campaign in your company-
Shruti Bhat, PhD (Tech.), MBA, Certified Lean Six Sigma Black Belt is Continuous Improvement mastermind for Pharmaceuticals & Medical Devices Industry. She is often called "Profitability expert'. More about Shruti at http://www.shrutibhat.com/
Want to invite Shruti to speak at your organization or evaluate Continuous Improvement prospects for your organization?
Connect with Shruti:
Dr. Shruti U. Bhat
Pharmaceutical Manufacturing, Continuous Improvement and Business Transformation Consultant
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