3.1.5. Vision & Strategy:
The vision of a Medtech Company is the dream of what they want the company to be. The Company’s strategy is the large-scale plan that they will follow to make the dream happen. By starting with the vision and working through with the target strategy will give the company an idea what will be achievable and sustainable at the end conclusions.
3.1.6. Understanding the Customer’s Needs:
The customers are a key factor in any business elements as the customer is the person that keeps the market ticking over and increases a profitable return for the company. The triumph of each company is reliant on its capability to produce goods and services that report disproportionate towards the customer’s needs. As companies develop products for distributing externally globally on the markets, the marketing departments have developed what the customer looks for in a product and what suits their needs which is well-defined as a …show more content…
Tactics for processing the cultivating such as lean and six sigma gives the company key tools and techniques to solve internal business problems that provide a structured outcome to produce targets with results. By using BPM – Business Process Management it provides the company with the method and technology and puts the workforce into their specialised areas to achieve satisfactory results, providing excellence in both process, operational and performance excellence. Process excellence is about the process enhancement practices. It teaches the company and their workforce to be able to solve business problems adequately and efficiently to be able to manage the modification, performance, and workforce and culture to support with total business