What Are Some Common Challenges in Achieving Operational Efficiency?
Entrepreneurs may face several challenges:
1. Resistance to Change: Employees and management may resist changes in processes and technologies, hindering improvement efforts. 2. Resource Constraints: Limited financial and human resources can make it difficult to invest in necessary tools and training. 3. Complexity of Processes: Highly complex processes are harder to streamline and optimize. 4. Market Dynamics: Rapid changes in market conditions and customer preferences can disrupt operational plans.