I was inspired to write this text by episode 358 of the Money Pod, Black Light to Darkness [1] – which I recommend everyone to listen to. In short, the inspiration comes from what they say about Finland’s economic situation: the Finnish economy hasn’t grown in practice for 15 years [2], productivity is stagnating and foreign direct investment is not flowing into Finland. These are presented as the reasons why the economy is doing badly. Public debt has to be taken on year after year and various cuts are planned. The episode goes into a lot more detail, but I think the point is clear – when the economy is not rocking, the Nordic welfare society does not flourish.
As a remedy, Rahapodi prescribes productivity growth, the formula they have already repeated: more, better, with less.
As I was listening to this, I was driving to a long-time client of mine. As I listened, I reflected on my own role in solving this problem. This sounds like a problem whose solution would bring common good on a Finnish scale and would be a really relevant problem to tackle. After a moment of reflection, the light bulb went on inside – that’s what we at Hefmec are doing! After all, our services are always aimed at increasing productivity. This is also supported by our slogan Productivity Engineering.
How do we respond to the productivity challenge?
- Project – In investment projects, we are part of creating opportunities to produce new products in Finland or to increase existing production. In these projects, we often work as part of the client’s organisation, enabling the projects to be carried out as planned. We often take over the management and execution of the project or part of it, leaving our clients free to focus on their core business. This not only speeds up project completion, but also improves the quality of the end result.
- Design – We develop working methods and tools that support increased productivity by performing tasks faster, safer, with better quality and/or with fewer resources. Design projects can be part of a larger whole or solutions to specific development issues.
- Products – We take designs through to delivered and deployed products, so that designs are actually put into practice. Productivity gains require reliable production equipment and tools. That’s why all our products are designed and manufactured to last, for a long time.
All the above examples aim to deliver more, better, with less.
If your company is looking to increase productivity, Hefmec is ready to meet these challenges! Together, we can be part of the solution that will take your economy, and therefore Finland’s, towards a more stable and brighter future.
Read more about our services and products or contact us!
Written by Mika Julin, Project Manager, Account Manager – Pharmaceutical Industry
