Even if your products are not directly exported or your services are not transferred to other countries, those of your clients and suppliers are likely to be. Without exposure to the cultures and business practices of other countries, your management team will have a blind side, a myopic view of what can be accomplished and how. Continuous process improvement. The shortage of younger workers for the foreseeable future must be accompanied by steady improvement in every process throughout your company. The success of the quality movement of the past three decades is readily apparent when one walks through a modern manufacturing facility or sees employees seamlessly linked together electronically.
Creativity is a prized attribute.
In the future, it will take on more significance as companies in every industry must focus on mass customization rather than the mass production approach of the past. Customers will demand unique solutions to their problems and needs, not merely a range of products or services they might buy. Businesses change so rapidly that training employees is an imperative, ongoing requirement. This nurturing focus promises that, as markets, processes and business conditions change, your company will be ready to respond rapidly and embrace the new challenges. Grooming multiple successors.