In a post-mining boom period, Australia is looking to reposition itself through new pathways to economic growth. Investment in, and strategic restoration of, the lagging manufacturing sector is under way, amid political debate.
Looking to help Australian manufacturing remain competitive globally, government and non-government entities are keen to identify growth sub-sectors that can participate in the global supply chain, such as ‘smart specialisation’ and value-added business models, driven by innovation and R&D.
To be successful over the next decade, Australian manufacturers will need to implement these actions on the export market, rather than domestically.
Our report explores steps that manufacturers around the world are taking to prepare their organisations for the innovation and technology-driven transformation that is to come.