Nine Steps to In-plant Profitability
In this vlog, I start a three-part series about the nine steps that I see that in-plants need to take to increase their profitability. While not every in-plant has a model to be profitable, in-plants can use these steps to ensure they are not losing money or operating below cost, and are operating as efficiently as possible for their parent organization.
I’m working on a project to help a university increase the profitability of their in-plant. They’ve been focusing on a few steps, but not all the steps required to really ensure success and achieve profitability. I created this nine-step plan that I believe is important to create a profitable in-plant business.
In this video I briefly list the nine steps and discuss the first three steps in more detail. In my next vlog, I cover steps four-six and in the final vlog I’ll discuss the rest of the nine steps.
Learn More about the Nine Steps for In-plant Profitability
Register now for a special webinar about the topic sponsored by RSA, called “Nine Steps to In-plant Financial Stability.” I’ll be presenting the nine steps in detail for In-plant Impressions on March 3rd at 2pm ET. In the webinar you’ll learn more from me about the steps, get exclusive tips and ideas, and all attendees will receive our special “Nine Steps for In-plant Financial Stability Resource Guide.”