). The market as a whole is slow going and everywhere, oil majors or plant owners/operators are either postponing or even canceling their investment and/or expansion program. (note: it is not that we are no good and not winning orders from the open market). Such situation is expected to remain the same for at least the next two quarters, or may even be longer before we could possibly see any recovery.
b). We have to stay focus, complete our jobs in hands as successfully and at the same time, be mindful about how we want to improve our ways of doing business and position ourselves to be ready when the market recovers.
c). Re-look how we could provide value-add services; enhance our work efficiency/productivity to our customers, rather than computing head-on on low cost production. Consider automation, machines where ever possible and feasible, and rely less on the general skill workforce.
d). Train and re-train our most valued assets, that is human resources. Identify the positive, engaged ones and give them opportunities to do more, take on greater responsibility and thereby compensate them more, accordingly.
E) Ultimately, it boils down to our mindset and attitude on how we want and what we want things to be and done. Talks (and complains) are cheap with no substance. Work our plan(s) with effective communication and pursue the common goal - this is the way forward.
Catch up with you all again, when I next return to Banchang office.
). The market as a whole is slow going and everywhere, oil majors or plant owners/operators are either postponing or even canceling their investment and/or expansion program. (note: it is not that we are no good and not winning orders from the open market). Such situation is expected to remain the same for at least the next two quarters, or may even be longer before we could possibly see any recovery.b). We have to stay focus, complete our jobs in hands as successfully and at the same time, be mindful about how we want to improve our ways of doing business and position ourselves to be ready when the market recovers.c). Re-look how we could provide value-add services; enhance our work efficiency/productivity to our customers, rather than computing head-on on low cost production. Consider automation, machines where ever possible and feasible, and rely less on the general skill workforce.d). Train and re-train our most valued assets, that is human resources. Identify the positive, engaged ones and give them opportunities to do more, take on greater responsibility and thereby compensate them more, accordingly.E) Ultimately, it boils down to our mindset and attitude on how we want and what we want things to be and done. Talks (and complains) are cheap with no substance. Work our plan(s) with effective communication and pursue the common goal - this is the way forward.Catch up with you all again, when I next return to Banchang office.
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