Six Steps To Make Your In-plant Financially Fit
Is your in-plant valued by your parent organization for its financial contribution and cost-efficient growth? Here are six areas to focus on to ensure your shop gets the respect it deserves.
IN THE December 2010 issue of In-plant Graphics, I recommended that every in-plant manager conduct a rigorous financial and business analysis, and then size up the results like a savvy investor would. In short, ask yourself if your in-plant is a "Buy" or a "Hold."
You earn a "Buy" rating if your in-plant is making a significant financial contribution to your parent organization, is showing cost-efficient growth and regularly invests in new technology. Your in-plant is a "Hold" if volume is declining or flat, contribution is uncertain and your overseers question the value of new investments.
- Companies:
- xpedx Printing Technologies/Ryobi
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