U.S, Sept. 23 -- As organisations begin to consider how to recover from the global pandemic, McKinsey and Company's Kevin Sneader, Shubham Singhal, and Bob Sternfels have published their "Decisive Actions to Emerge Stronger in the Next Normal". Manufacturing Global takes a detailed look at 3 actions and how they can be applied to manufacturing companies specifically.
1. Think long-term
The overall goal must be to rebuild for the long term. This is an overarching theme that can be applied to all aspects of the handling of the covid-19 crisis. This involves being responsive and flexible when it comes to future plans and structural shifts. In terms of manufacturing - it is not enough to focus on adapting to cope for right now, larger process...