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With popularization of Electric Vehicles less parts are needed, profit margins are shrinking – so how not to fall behind?
Conservative managers will want to cut costs and wait out the storm of changes. Good for short term, but will leave you in the same position, while your competition advance. If you don’t move forward, you fall behind.
True Leaders will invest in technological upgrades that provide long term increase in efficiency and cost savings. Such move will not only bring more customers with enhanced quality, precision and manufacturing time, but also will lower the operating costs in long term, therefore providing your customers with solutions and products that conservative competition cannot.
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