- Published: Sunday, 01 March 2009 05:00
Managing the Downturn: Now is the Time for Excellence in Operations
By Andrew Okely, Outotec
The markets have certainly changed quickly. Not so long ago we were all worrying how to expand our production and the inherent challenge of employing and retaining good people. Now we find ourselves wondering if we can keep our operations afloat. In many cases, a major portion of our workforce has known only large operating margins and constant capital investment. Increasing the capacity of operations almost at any cost to capture those margins was the order of the day.