The future of business organization - 16 essential insights

of business organization and 6 outstanding digitization trends explained simply and precisely. What does the future of production and business organization look like? What are the most important trends?

What does the future of production and business organization look like? What are the most important trends?

This topic is one of the most important that companies should face today. The threat of disruption is real and has increased significantly in recent years due to technological leaps. There are a number of key drivers for change in the manufacturing industry. Some of them are:

  1. Technological advances: New technologies such as artificial intelligence and automation enable companies to optimize their production processes and increase efficiency.
  2. Globalization: Growing competition through access to global markets and the relocation of production facilities to cheaper regions has led to higher productivity and increased competitiveness.
  3. Sustainability: A growing awareness of environmental and social issues has led to a need for companies to make their production processes and products more sustainable.
  4. Changes in demand: Changes in consumer preferences and increasing demand for personalized and innovative products are driving product development and production processes.
  5. Digitalization: increasing networking and the availability of data and analysis tools enable companies to automate and optimize their production processes, thereby increasing efficiency and productivity.

 

In the video on our dedicated Prof. Dr. Jörg W. Fischer our Managing Partner with some essential questions of production and corporate management from different perspectives and explain them concisely. The guiding principle is a central idea,

A Product is only the physical Manifestation the Performance of a Company

formulated by Christian Wotzka, Managing Director of NEOPERL GmbH.

The video is a must see!

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In the video 16 important subject areas. The topics of the video among others.

  • Key drivers for change in the manufacturing industry
  • 6 trends that have the potential of game changers explained compactly
  • The problem of disruption of business models and dramatic changes in the framework conditions
  • Insights on the hidden revolution from ETO to CTO
  • Facts about modularization and Platform concepts
  • Transformation of classic products to smart products incl. some basics on #SystemsEngineering
  • A surprising example of converging # industry scenarios
  • My interpretation of the legendary concept of a company's performance according to Christian Wotzka
  • Process capability and its prominent importance in the context of performance
  • Significance of the dramatic change in the domain of mechanical engineering
  • The ultimate question, can we continue to work according to the time-honored principles of mechanical engineering, freely following the reasoning of Martin Eigner?
  • The hidden change in the field of activity of the mechanical engineer(s)
  • Facts why it has become so difficult to be successful with a product

 

In particular, the problem of Disruption from Business Models and dramatic changes in the general conditions are an important theme in the film.

Business model disruption refers to the change or upheaval of existing business models through the introduction of new technologies, products or services. This can lead to dramatic changes in the framework conditions and alter the competitive landscape. This leads to a challenge for established companies that need to adapt their business models and strategies to remain competitive. They must react quickly to changes and adapt their production processes and business models to the new reality.

Enclosed are some examples:

  • The change in the retail sector due to online retailing, which has forced many stationary retail stores to adapt their business models or even close down. Another example is the change brought about by advancing automation and the use of artificial intelligence in production processes, which will lead to a change in working conditions and the demand for skilled workers. It is therefore important that companies pay attention to changes and regularly review their business models and strategies in order to adapt to changing conditions and remain successful.
  • The proliferation of smartphones and mobile applications has led to the disruption of business models in the telecommunications industry. Companies that have focused on traditional telephony and text messaging have lost importance, while companies that specialize in developing applications and services for mobile devices have grown strongly.
  • The use of drones has led to the disruption of business models in the logistics and delivery industry. Companies that specialize in the use of drones can now deliver faster and more efficiently than companies that rely on traditional delivery methods such as trucks and vans.
  • The use of blockchain technology has led to the disruption of business models in the financial industry. Companies that specialize in the use of blockchain technology can now conduct financial transactions faster and more securely than companies that rely on traditional financial infrastructures.
  • The use of artificial intelligence and automated processes has led to the disruption of business models in the manufacturing industry. Companies that specialize in the use of artificial intelligence and automated processes can now operate more productively and efficiently than companies that rely on manual processes.

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