Operations Payoff

Rick's Blog - your source for news and insights into Operations and Supply Chain Management.

Where to Invest Your Cash

Recent economic data shows that cash positions on corporate balance sheets have been growing steadily since at least 2014. Some economists suggest that part of the reason for this is that companies are “not seeing good investment opportunities.”

One of the best investments you can make is in you! Companies should take some of that cash and:

  1. Train employees
  2. Update capital equipment as needed
  3. Invest in capacity or in processes that will help increase capacity without capital investment
  4. Provide executives and managers with coaching and mentoring to help develop them to support future growth opportunities
  5. Pay employees market wages

Investments don’t always have to be in outside opportunities. Sometimes, investments in yourself yield the highest returns and help you accelerate the value of your company.

 

© 2017 – Rick Pay – All Rights Reserved


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