According to the statistics of all enterprises in China, only 30% are well performing, 30% are average performing (with barely enough profit support), and 40% are unwilling to give up I like to investigate and research, and I have found that companies with poor performance have a common problem, which is that the boss is always out doing business and building relationships, which has ruined the liver and stomach. However, ordinary companies complain that the market is not good now, profits are low, taxes and employee benefits are increasing, and there are various complaints! A well functioning enterprise is a different story. The boss is less likely to run around in business, but instead masters some core key technologies. Based on the core technologies, they strengthen cooperation with customers' research and development or product innovation, break through one key technology after another, and develop one new product after another that catches the eye. Many orders come from customers who are attracted to them, and they are easily accepted! Do you know the reason for the comparison? Nowadays, China is a manufacturing powerhouse that requires innovation in products and breakthroughs in technology! The faster the speed of product innovation and technological breakthroughs, the better the enterprise lives! Many technologies that do not break through or products that do not innovate will become outdated products, become surplus products that cannot be sold, and in the end, the consequences will still be borne by the enterprise itself. That's the truth!

So innovation is so important, as a boss, you still need to take back half of the energy from running business and invest it in enterprise research and development innovation. Even if you reduce the scale and set a lower target profit, you still need to do so, otherwise the bankruptcy of the enterprise is inevitable! It's only a matter of time!

Difficult enterprises should calm down, downsize, and invest seriously in product innovation or technology research and development. Although it may be painful in the short term, with no output and much more investment than before, the prospects are promising! In line with the trend! How long has it taken for our network from 2G technology to 4G technology now? Less than ten years! Huawei has been investing in research and innovation day and night, with an investment of over 200 billion yuan! The companies that are doing well now are no longer bosses who used to run business and brag, but bosses who are skilled in technology and research and development! By comparing with the companies around you, everyone will understand this point! So if difficult enterprises want to be reborn, downsize, develop technology, and have core technology in their hands, they will eventually "go silent for three years and make a remarkable impact"!

As a witness to the growth of EMAR hardware, I know that the company did not make much money during its growth process. Most of the money earned was invested in the research and development of "precision cold extrusion" technology. In seven or eight years, more than 5 million yuan was invested in the research and development of "precision cold extrusion" technology. Currently, the precision of this technology's products can reach 0.02mm, the daily output of single-mode can reach 200000 particles, and the mold can work continuously on the punching machine for more than 15 days before maintenance and repair are required, basically reaching a relatively complete level! Can you understand the truth behind how many products of EMAR Hardware, a small company with dozens of employees, are used by Fortune 500 companies?

So if companies want to survive well now, research and innovation must always be on the road!