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By June 30, 2021 Uncategorized

Industry 4.0 holds the promise of a new era of globalization. Yet the latest survey identifies companies successfully implementing Industry 4.0 technologies, many senior executives remain less less prepared than they think they are.

The Fourth Industrial Revolution enables an increasingly globalized world, one in which advanced technologies can drive new opportunities, diverse ideas can be heard, and new forms of communication may come to the fore. But how are leaders adjusting? The recent survey suggests many who think they are ready may still not be as prepared as they need to be. But the good news is leaders seem to be gaining a much deeper understanding of Industry 4.0, are increasingly aware of the challenges before them, and are viewing the actions needed for success more realistically. Today there are several established models for a company Industy 4.0 readiness available, sucha as Self- Check for Businesses(VDMA) or Advanced Manufacturing company Scan (ADMA). They allow companies to assess their overall status in. If you would like to check out and assess your company status: https://www.industrie40-readiness.de/?lang=en (VDMA- Industry 4.0 Readiness Online Self-Check for Businesses) https://www.surveymonkey.de/r/YSYDV9Y (Advanced Manufacturing Company Scan) For more information you can check: https://hbr.org/sponsored/2019/03/how-leaders-are-navigating-the-fourth-industrial-revolution