by Smock Winter | Jul 7, 2024 | Uncategorized
Avoid over-investment in capacity that you may not use. ADAGEInvest with Discernment———-RESPONSE Avoid over-investment in capacity that you may not use. Be especially wary if you are facing long lead times and you have to add new capacity in large...
by Smock Winter | Jul 7, 2024 | Uncategorized
Anyone can cut costs. Knowing which costs can be cut, delayed, or marginalized is the trick. ADAGEPinch the Right Pennies———-RESPONSE Anyone can cut costs. Knowing which costs can be cut, delayed, or marginalized is the trick. Money is always a...
by Smock Winter | Jul 7, 2024 | Uncategorized
Become an ascetic. Stay fluid. Stay maneuverable. ADAGEBecome Ascetic———-RESPONSE Become an ascetic. Stay fluid. Stay maneuverable. Shed fixed obligations. Design business models with minimal fixed overheads. Control your core competency. Outsource...
by Smock Winter | Jul 7, 2024 | Uncategorized
Increase your competency set via partnering. Use partnering to fill gaps in your resources and open new markets.ADAGEGrow Through Partnering———-RESPONSE Increase your competency set via partnering. Use partnering to fill gaps in your resources and open...
by Smock Winter | Jul 7, 2024 | Uncategorized
Avoid becoming dependent on a single source for anything where you have no readily available substitute. ADAGEAdopt Competitive Purchasing———-RESPONSE Avoid becoming dependent on a single source for anything where you have no readily available...
by Smock Winter | Jul 7, 2024 | Uncategorized
Large capital investments are a suspect mechanism for improving your competitive position.ADAGEAvoid Large Capital Investments———-RESPONSE Large capital investments are a suspect mechanism for improving your competitive position. It’s a crutch...
by Smock Winter | Jul 7, 2024 | Uncategorized
When accomplishing anything of significance, you will offend people and make enemies.ADAGESledgehammers Work———-RESPONSE When accomplishing anything of significance, you will offend people and make enemies. This especially applies to dysfunctional...
by Smock Winter | Jul 7, 2024 | Uncategorized
Focus on your needs in a contract. Neither of you will sign a contract unless you both get what you need. ADAGEUse Win-Win Agreements———-RESPONSE Focus on your needs in a contract. Neither of you will sign a contract unless you both get what you...
by Smock Winter | Jul 7, 2024 | Uncategorized
Look at the chain of value, which extends from you and your suppliers, and ends with the ultimate end-user customer. ADAGEKnow Your Supply Chain———-RESPONSE Look at the chain of value, which extends from you and your suppliers, and ends with the...
by Smock Winter | Jul 7, 2024 | Uncategorized
The world evolves with regularity. Most organizations are structured to work best in their original environment. ADAGEEvolve or Die———-RESPONSE The world evolves with regularity. Most organizations are structured to work best in their original...
