Leading Change: Why Transformation Efforts Fail

Over the last few years, the continuous improvement of maintenance strategies is taking place at an incredible pace. The rapid influx of accessible data has the industrial world living in exciting times. As the industry just begins to scratch the surface of what the Industrial Internet of Things (IIoT) can deliver, there is a tremendous opportunity to displace antiquated ways of carrying out asset management.

So, if you’ve had this discussion, which you will have at some point in your career, and if you haven’t heard it a hundred times already, you need to reduce maintenance costs. Have this discussion – how do we do this? What happens in most places is that maintenance cost X this year, last year it  was X minus 5%. Why do we do that? Well, this year we have this big rebuilding of boilers…

Nurturing and retaining trained Lean manufacturing leaders requires a comprehensive approach that includes career development, recognition, a positive work environment, supportive leadership, work-life balance, a sense of purpose, and a strong organizational culture. By focusing on these areas, organizations can create an environment where Lean leaders feel valued, challenged, and motivated to stay and grow within the company.

Although ubiquity may not be the most exciting concept, it is the goal. It means that your product is reliable, high quality, and valuable – which keeps your clients coming back. You want your brand to be the go-to of the product you make. Being commonplace doesn’t sound great, but it’s right where you want to be. So how do we achieve ubiquity?

There are three significant trends that are causes of concern for the real estate industry and large enterprises globally in 2023. While most of these are common problems real estate owners and operators encounter, they threaten the very existence of such businesses during economic downturns. How do they keep themselves afloat and profitable? Real estate owners and operators are turning to technology solutions to find ways to curb spend and improve bottomline in 2023 and beyond. 

There is a saying: “What you can’t measure, you can’t improve”. The saying are not necessarily always true, but it is interesting, because I think a derivative of the saying is true: “What you measure, is usually what you get.”