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TCF 2000 Development package
The advantages for businesses if they participated in the
TCF 2000 Development package.
Through their involvement in the programs, textile,
clothing and footwear companies have learned that:
- Developing a culture of continuous improvement is vital
to success.
- Better performing companies are in control of their
business through sound business planning and information
systems.
- Good companies optimise value for consumers. They work
closely with all suppliers and customers along the supply
chain to ensure quality and create the value for the final
consumer.
- Companies know they have to find the time and the money
to address these issues, and are doing so even when
government assistance is not available because bottom-line
results can be achieved.
- A variety of proven business improvement strategies,
tools and methodologies are available to firms to tailor to
their own needs, and there are consultants and advisers
skilled in helping firms to successfully identify and
implement change.
- Benchmarking business performance with local and
international competitors and other industries helps to
create awareness of strengths and opportunities.
- Management skills are not isolated in the hands of one
person, firms using highly-skilled management teams and
involving employees at all levels in decision-making are
more likely to outperform competitors.
- In any sized business, targeted, continuous training at
all levels makes employees more productive and benefits the
business in the long run.
- Networking and talking with others in the industry is
productive, it's more likely to help you solve problems
and identify new opportunities.
- Companies that want to be in business and profitable
into the future need to be implementing good business
planning and alliance building now.
- Planning never stops, and business and other associated
plans should be continually reviewed.
- Businesses with well thought out and structured
business, operational and marketing plans have a far better
chance of getting ongoing business finance than businesses
who fail to plan.
- Planning may take extra take time in the short-term but
saves time in the long-term.