Why is operational improvement required?
To sustain competitive edge, progressive companies embrace process improvement efforts. As a result, they develop excellent operations which provide sustained competitive advantage.
- Competitors are moving targets each determined to take your customers away
- Limited room for price reduction as they are difficult in the current environment
- Lower margins demand greater attention to cost cutting brought about by operational efficiencies
- New products gain volume until they are copied which results in constant product upgrade
To sustain competitive edge, progressive companies embrace process improvement efforts. As a result, they develop excellent operations which provide sustained competitive advantage.
CIMP.ca has an Operational Improvement App for that
- Audit – review underwriting to determine portfolio concerns including knowledge gaps
- Process – review operational processes to determine service challenges and improvement opportunities
- Product – review current products/strategy against competitors to determine enhancement possibilities
CAT Program - Commercial Audit Training
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