The past few years have been anything but easy for industrial manufacturers. Constant disruptions, rising pricing pressures, volatile input costs, intense competition and continuous innovation have all forced manufacturers to rethink their business models and long-term growth plans.
Yet, while many manufacturers seem to understand that the surest path to long-term growth is through smart innovation, it is also clear that reaping the rewards of those investments takes time, patience and – importantly – the right business models.
Not surprisingly, today’s manufacturers are preparing themselves for the competition to come; getting their organizations into top shape, empowered with the right technology, talent and capabilities to fight – and win – against the coming competition for growth.
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