Loews Portofino Bay Hotel at Universal Orlando
Managing the rate of Change in Industry 4.0
While the fourth industrial revolution has brought about unprecedented opportunities to drive value creation through data-led, intelligent machine-supported operational excellence; the comprehensive transformation needed to realize this potential brings with it a great deal of uncertainty, risk, and complexity.
Rapid technological change has democratized innovation. While smaller, more agile companies disrupt traditional industries, large organizations with ingrained multi-layered legacy systems, processes, practices and cultures are having to reassess how to bring their clout and experience to bear in ever-changing business environments. Business, as usual, is simply not an option, and the ability to effectively transform and continuously improve is fundamental to survival and growth.
We are working towards:
Increasing agility to manage constant rapid change
Gaining enterprise wide visibility on systems, processes and culture
Prioritising change and managing resources
How to apply lessons from smaller, innovative, more agile companies