Skip to main content

Posts

Showing posts with the label preventive maintenance

Innovation & Survival: Two Sides of the Same Coin

                                                 CHALLENGE THE STATUS QUO FOR INNOVATION                      Photo CreditDabra Larson Business is a Two Way Street, Either Innovate or Perish Any business organization is a highly complex system that is comparable to advanced machinery. Like a machine it has multiple components, interacts with the environment in which it operates, needs to be operated by skilled people, exists for a specific purpose and consists of intertwined internal processes culminating into intricate input-output cycles. It must be observed here that any machine needs to be upgraded to an improved version over a period of time. This is necessitated by a variety of factors including but not limited to emergence of a better technology, enhanced ease of operation, wider service objectives, inc...