The last few years have seen the disruptive influences of the “Startup” economy, shaking up established business models and delighting customers through an improved customer experience. Google is transforming the advertising sector, whilst Uber has streamlined the taxi industry, Alibaba carries no stock but is one of the worlds biggest retail outlets, I could go on, but I am sure you have read the coverage before. Times are changing for every industry and company out there, being aware of their core market and transforming to provide a greater customer experience is an imperative. I recently watched a clip from David Rowan, the Editor at Large of Wired magazine and he reached an interesting and alarming conclusion when talking about industry;
“The world is never going to move this slowly again and if you don’t move at the startup’s pace, you are going to lose market share and lose revenue in ways that may surprise you!”
We all know managing change can be really hard, painful at times, but standing still or ignoring the competitive threats is no longer an option. No change initiative or transformation is risk-free, unfortunately, this causes many managers to hesitate or lack the courage to make the necessary decisions. The chances are that however fast you think your change programme is progressing, it is not fast enough. Being able to rapidly respond to market changes through new products or services, will be critical to developing greater revenue opportunities. Continue reading How to accelerate when delivering change
We are all aware of the acute challenges to the environment brought about by the disposable nature of modern products. With many products like food packaging and medical devices manufactured for single-time use, many more consumer products are designed with an optimal use of 3 – 5 year, we are disposing of more man-made waste than ever. Following rapidly expanding landfill sites and increasing carbon emissions, the design for recyclability and reuse has never been more critical. It is shocking to discover that in Europe alone, 60% of the total end-of-use materials are not recycled, composted or reused according to the Ellen Macarthur Foundation. Plastics in the ocean are having a disastrous effect on marine life and unfortunately they are already contaminating the food chain. So how can we change? Continue reading Is PLM ready for the Circular Economy?
The Digital Enterprise, enabled by Digitisation or Digital Transformation is upon us and change is causing a revolution across every industry. However the fate of companies has never been more uncertain, organisations that suffer a digital stage fright, are unable or unprepared to adapt to changing market realities. The last decade has shown that companies that have embraced digital technologies are reaping the benefits, offering a greater customer experience and new innovative business models. Continue reading Digital Stage Fright: The failure to act on the Digital Revolution
How do you develop and maintain an integrated PLM system efficiently and cost-effectively?” That is the question raised by CIO and Engineering leaders throughout the globe, shortly before a call goes into the software vendor to see how other organisations run their teams. Of course, the answer is that every organisation has different constraints and priorities, Continue reading How do you develop and maintain an integrated PLM system, efficiently and cost-effectively?
Data quality has been an issue right from the very beginning of the IT industry. With the exponential spread over the last decades of file-based and database systems, System Administrators have wrangled with the issue of data quality, duplication and consistency. Inaccuracies in data can occur for a number of reasons, primarily though it is often blamed on manual data entry by…. Continue reading Are You Propagating Poor Quality Data?
The Internet of Things (IOT) is the term used to describe the network that continues to expand at an ever increasing rate, connecting any device with an on/off switch to the internet and each other. This allows anything from dental implants to crop-dusting drones, to send data for analytics or indeed where appropriate receive remote instructions. This interaction between the…. Continue reading IOT: We have a problem
The single biggest problem for managers embarking on, or undertaking a PLM initiative is the justification for project funding. As PLM leaders we have all been there, working on slide packs to demonstrate the future benefits when successfully implemented, or bringing a new board member up to speed on the PLM project to ensure a continuation of funding the for next budget year….. Continue reading Data Analytics Drives PLM Adoption