What is capacity utilization?

Capacity utilization

What is capacity utilization?

Capacity utilization refers to all the resources that are necessary to achieve the mission and vision of your business. This includes, but is not limited to, people, ICT systems, machinery, buildings, and installations.

When considering the utilization of people, also think about team composition. This is invaluable for realizing the vision and strategic objectives of your business. Your team should be well-balanced, enabling the development of a high-quality team intuition. Only then can your business experience robust growth.

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Also read Successful entrepreneurship can be learned.

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