Future of lithium Ion batteries in India

cheemahs 10 views 15 slides Jun 15, 2024
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About This Presentation

Battery Manufacturing


Slide Content

G ro w t h Acceleration on a Solid Foundation

What is Success to Us? Helping Small to Mid-sized Companies build, protect and harvest value for their owners.

Have you achieved your goals? 95 % of small and mid sized organizations fail to achieve their goals! W H Y?

In the beginning Have a vision for their business Create products and or services based on that vision Build relationships with customers Create relationships with vendors Cause sales and cash to come into the company

Then Prompter start building a business and get caught in the details Employees Vendors Computer hardware and software Outside contractors Bankers Lenders or leasing companies Outside accountants and attorneys Operating procedures and processes Machinery and equipment Office space or buildings

Short span of control allows efficiency Company runs “lean and mean” High customer service Short cash collection cycles Few customer complaints Low overhead Personal sacrifices by the Owner

Promoter now spends even more time Analyzing cash flow Meeting with bankers and lenders, attorneys and accountants Deciding which bills can be paid Hiring or firing staff Solving problems Worrying Writing checks Purchasing assets

Results can spiral out of control o o o o o o Loss of current and future customers Damaged business relationships Lost enthusiasm or energy of the Owner (not doing what they enjoy and are good at) Damaged relationships with family members Death of the dream of the founder Even death of the company

Why does this happen over and over? Small and mid sized companies start with vision By necessity Promoters manage the details , But… Critical pieces of the puzzle are missing!!!!

Critical Missing Pieces

The Critical Missing Pieces: Optimization Optimization is needed to Improve Current Results o o Continuous Improvement Process started Fill Gaps in Management Team o o o o o Finance and Accounting Human Resources Legal Technology Risk Management o Policies and procedures need developed and documented Leverage points to improve results must be identified Key performance indicators identified and measured An Inspired and Unified workforce must be developed o o o

The Critical Missing Pieces: Strategy

The Critical Missing Pieces: Innovation Innovation is needed to Change the FUTURE o o o o Peter Drucker said, “If you aren’t putting your old products and services out of business, your competitors will.” Creative process for new high margin, non-commodity products and services Link into inspiration Promoter /CEO need to tap into new skill sets

What is the Answer? o o Stop trying to solve all the problems yourself Rely on others with proven expertise for missing skills o o o Find someone who is good at it Bring in someone you as the Owner can trust Begin an Optimization and Planning PROCESS o o o o Return your focus to building your business Refocus on customers, products and markets Discover new sales with high margins Begin to make yourself replaceable to create true wealth

Create a Controlled Future Add a high-level visionary team member to assist with strategic management decisions affecting both short term and long-term growth and profitability. Utilizing the creative, objective thinking, expertise, and experience of a seasoned veteran often leads to the adoption of ideas and strategies, which help the company to achieve unparalleled success and growth.