The love of the boss

Chapter 148 Technological Innovation and Keeping Up with the Trend

Technological innovation in the industry is coming like a surging wave. Lin Xiao and Su Yao are well aware that if they cannot keep up with this trend, the company will once again be in a passive position.

"Su Yao, this technological innovation is coming with great momentum. We must go all out and not fall behind." Lin Xiao said seriously in the office.

Su Yao nodded solemnly: "Lin Xiao, you are right. But this means that we have to invest a lot of resources in research and development and upgrading."

They first organized a technical team to conduct in-depth research on the new technology.

"Lin Xiao, this new technology involves knowledge from multiple fields, and our existing technical personnel are deficient in certain aspects." said the head of the technical department.

Lin Xiao said without hesitation: "Then recruit experts in related fields, or cooperate with professional research institutions."

However, recruiting experts and collaborations takes time and money.

"Su Yao, during the recruitment process, it is difficult to find suitable experts, and their salary requirements are very high. Cooperation with research institutions also requires tedious negotiations and coordination." said the HR manager.

Su Yao frowned: "No matter how difficult it is, we have to find a way to overcome it. In terms of funding, we can re-evaluate the budget and give priority to investment in technological innovation."

During the process of technological research and development, the company also faces the challenge of technological transformation.

"Lin Xiao, if the results of the laboratory are to be applied to actual production, there are still many problems that need to be solved, such as cost control and process optimization," said the head of the R&D department.

Lin Xiao encouraged: "Everyone, work harder. We need to organize a cross-departmental team to jointly overcome these difficulties."

In order to speed up the transformation of technology, the company has strengthened collaboration among departments.

"Su Yao, although everyone is working hard, the communication between departments is still not smooth enough, resulting in low work efficiency." said the production manager.

Su Yao decided: "Establish a more efficient communication mechanism, hold regular cross-departmental meetings, clarify responsibilities and division of labor, and ensure timely transmission and sharing of information."

At the same time, the company also needs to update and upgrade existing equipment.

"Lin Xiao, the purchase and installation of new equipment requires a lot of money and will affect the normal production." said the equipment department manager.

After thinking for a moment, Lin Xiao said, "Make a detailed plan to minimize the impact on production. In terms of funding, we can consider loans or introducing new investment."

In the process of introducing investment, differences arose between the company and investors.

"Su Yao, investors have doubts about our technological innovation plan. They are worried that the risks are too high and the payback period is too long," said the investment manager.

Su Yao said: "We need to explain in detail to investors the prospects of technological innovation and our response strategies to enhance their confidence."

After hard work, the company finally made certain breakthroughs in technological innovation.

"Lin Xiao, our new technology products have taken shape, and both performance and quality have been greatly improved." The head of the R&D department said excitedly.

Lin Xiao smiled and said: "This is the result of everyone's joint efforts, but we can't relax yet. We need to conduct market tests as soon as possible, collect feedback, and further optimize the product."

However, just as the company was preparing to bring new technology products to market, market demand changed unexpectedly.