What industry segments are most likely to need improvements in terms of operational efficiency?
Any industry with cost pressures will benefit. If you have costs that are going up or even staying the same while your revenue is going down, working on operational efficiency is a must. Global economic forces in manufacturing have forced it to lead the way with operational improvement. As the national health care debate continues, medical services organizations must streamline themselves to take costs out of the system. Additionally, technological advancements have caused several industries to begin working on their operational efficiencies. They’re being impacted by innovation, creating another opportunity to evaluate processes and identify potential opportunities. Even nonprofits can benefit from process improvement. With the current economic challenges, their revenue is going down while their costs are going up and the number of constituents they’re serving is increasing. By streamlining their processes, they can trim waste and operate more efficiently with fewer resources. What pr
