Digital literacy for businesses: why it’s missing and how to attain it
In the fast-moving digitalisation era of today, digital literacy is increasingly critical for entrepreneurs as they continue to experience a business landscape that favours large corporates, often leaving small businesses at a significant disadvantage. Micro, small, and medium enterprises (MSMEs) play a vital role in the global manufacturing economy, contributing to the job market and […]
INCIT launches self-assessment tool to accelerate growth, digitalisation, and boost productivity for MSMEs
Worldwide – 27 February 2025 – Singapore – INCIT is proud to announce the launch of its Operations Excellence Readiness Index (OPERI), a cutting-edge self-assessment tool that will empower micro, small, and medium enterprises (MSMEs) and MSME business owners to tackle their toughest operational challenges, unlocking key benefits like boosting productivity, fast-tracking their growth and […]
The first 5 years of business survival: why operational excellence is crucial
The first five years of running your own business is no walk in the park. In fact, only 57 per cent of U.S. manufacturing businesses survive the first 5 years. According to the U.S. Bureau of Labor Statistics, this number dwindles to roughly 36 per cent as the years a business is open progresses. Additionally, […]
Introducing OPERI – the catalyst for the operational success of small to medium manufacturers
New INCIT index launching to help accelerate the growth of micro, small and medium manufacturers Worldwide, 12 December 2024, Singapore – Data suggests that a majority of businesses fail in the first few years of operations. According to the U.S. Bureau of Statistics, 20 per cent of companies close their doors within the first year, […]
كيفية تحقيق التميز التشغيلي في التصنيع – خارطة طريق لـ CEOs
In an era defined by innovation and disruption, manufacturing leaders are struggling to contend with the interconnected challenges of unstable financial performance, swelling material costs, global supply chain disruptions, workforce shortages, and slow technological adaptation—all of which threaten their bottom line, requiring CEOs to act. The status quo for manufacturing operations is no longer an […]
