In this special period of time, the valve enterprises should go to the next place. The author gives some foolish Suggestions for this, just for reference:

1. Analyze the situation and turn the passive into the active one: this event will undoubtedly be a devastating blow to those enterprises that are only heavy and not heavy in quality. However, it is also a rare opportunity for those enterprises that always pay attention to quality. At a time when the whole industry is about to be reshuffled, the key is your ability to seize the opportunity. A new life in a crisis, a new self in a crisis, and a new transformation in your business.

2. Clear the inventory and strengthen the foreign cooperation: this event will not be loosened until at least the beginning of next year. The most urgent thing in the short term is to find a way to deliver the order in hand.

3. Accelerate the research and development of core technologies: one of the most obvious signals from this incident is that the living space of high-energy and high-pollution enterprises in China's coastal areas will be smaller and smaller. If enterprises want to continue to survive, there is no other way out than to transform to high-tech and high-value enterprises.

4. Reorganization and merger, the combination of advantages coexist: this event is fatal to those small and medium-sized enterprises without technological and quality advantages, and it is also long-term. Put aside your illusions, long-term planning is the best policy. It is urgent to speed up the construction of mergers and acquisitions, combine the advantages of enterprises, and make enterprises bigger and stronger quickly. Because the fragmented industry cluster model is already facing challenges.

5. Adjustment of market strategy: the most obvious direct result of this event is that the price of raw materials and valve castings will rise rapidly, and the price advantage space of exported valves will be further compressed. Enterprises should adjust the sales and consumption strategy of domestic and foreign sales immediately, and increase the expansion of marketing channels.

6. Change the way of thinking and strengthen the awareness of brand building: the change of the thinking mode of enterprise managers and the improvement of the quality of business skills of enterprise employees have a direct impact on the ability of enterprises to cope with crisis.

The article comes from: http://www.leahmatson.com