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The importance of having a manufacturing strategic planPicture this, you enter a room full of well over a thousand people. You are there to speak to them about __________. You walk up to the microphone and realize you have no plan, no notes, no slides, nothing to work from, and a very small working knowledge of the subject. What do you do? Do you wing it and hope for the best? Do you apologize? What? Now imagine your whole career, livelihood and even your home are dependent on how well you do. Would that make you nervous? Manufacturing without a strategic plan is much like walking into that room of thousands in order to speak and having nothing to say. This is your business, your livelihood, don't go at it haphazardly, or on the fly, go into it with a sure fire plan. A strategic plan plays a huge role in shaping the success of industrial firms. Without a plan, it will not matter how good you work is. It is like reading a book that has great prose but no organized plot. No matter how good each line is alone, if it is not all together it is of little use.
If you look at most manufacturing industries today you will see that the planning process is found to be a bottom-up approach from a corporate or business perspective, which differs from the top-down planning process that has proven to be so successful in other industries. A good manufacturing strategic plan combines some "rational" elements (formality, comprehensiveness, control focus, longer horizon) with others that lend adaptability (wider participation and more intense interaction). If you can have this type of strategic planning, your manufacturing business is sure to be a much greater success. There will be less waste and higher profits. Why it is important to have a manufacturing strategic plan:
There are tons of reasons why having a manufacturing strategic plan is critical to your business. Bottom line, without one you waste time, energy, and money; three things no one wants to waste. |
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