Doing nothing about the problem? JUST FIX IT!

It’s common that fear prevents someone from making changes. Some people live life a certain way, even if they aren’t completely happy or satisfied because they are afraid of the unknown, the risk.

“The problem with doing nothing is not knowing when you’re finished.” — Benjamin Franklin

Some companies get into the “if it ain’t broke don’t fix it” mentality, but doing nothing might be costly. There is a term often used, “the cost of doing nothing”, which is the cost that occurs because needed actions are never taken or unnecessarily delayed.

For example, if your facility had a leaking pipe, and you postponed fixing it until it bursts, and floods the floor, your costs increase by a large amount from under $1000 to hundreds of thousands. That extra cost came from doing nothing. So Just Fix It!

A huge strategic problem is to make slow decisions. Taking a long time to decide whether you should fix a problem or invest in a certain product can have large negative impacts on your company.

Uber for example, delayed fully investigating its employees’ sexual harassment complaints. The company suffered hundreds of millions of dollars in damage to its shareholder value, product brand, and its recruiting image.

So, instead of doing nothing to make your company more efficient and effective, Just Fix It!

NRX AssetHub creates solutions that provide maintenance and reliability professionals at asset-intensive businesses with world-class software for analyzing, visualizing, building, editing, organizing, approving, and sustaining Asset and Maintenance Data quality for their Enterprise Asset Management (EAM) and Computerized Maintenance Management (CMMS) systems. As a result, our customers know their maintenance teams can perform the right maintenance procedures, on the right equipment, in the most efficient manner.

We can help you fix the following problems with our solutions: