3. the participating, sustainably successful companies use far above average external expertise (controlling, process optimization, quality management, logistics, processing techniques, sales, etc.). This not only an external perspective is used to detect any meaningful optimization potential, but also the objectives of optimization through external expertise safer to reach. An external implementation support gives usually a quicker use of the desired improvements. The benefit is usually a multiple of the cost. Each company stands in the competition regionally, nationally or internationally. The customer decides whether something is good, and what it’s worth.
This is also the reason which many participants make this and other competitions: you appreciate an external assessment and looking for suggestions and ideas on this way to be even better. Some extremely high customer orientation E.g. joint developments with customers lead 4. many participants to a narrow customer retention and less pressure on prices. Innovations and improvements are considered measures to safeguard the future viability and therefore very specifically and intensively promoted. This not only the products and the machines are regularly renewed, but also so far proven questioned and always optimizing processes. At the same time, cooperation among SMEs used increasingly.
A temporary cooperation in big projects, which could hardly realize a single company, is just as common as common research & development work. 5. also notice that are far the successful middle-class above-average for social projects and the region involved. That makes employees proud of their companies, helps an image as an attractive employer in the labour market, and is also increasing attention and above all more and more goodwill among existing and potential customers. 6 with attractive yields and a good financial stability with often more than 50% of equity capital, most participating companies are relatively independent from the capital market and by foreign investors. Alternative financing options, a high turnover rate of capital, a faster flow of goods in the production and the use of options such as employee participation schemes, etc. lead to a healthy balance sheet structure.