APEGA
Permit To Practice #11823
Industry 4.0 has tremendous promise of maximizing operations by analyzing data and information to prescribe optimizing action. What are the key consulting service components? Let’s examine some key points and recommendations.
Industry 4.0 is the embodiment of moving operational excellence analysis from descriptive/diagnostic to predictive
/ and prescriptive in a manner that can be automated and drive direct improvements in an organization/process.
The basis of Industry 4.0 is data and the availability of data (information). All matters that follow in an organizational
transformation (or Digitalization) is platformed on the data as available in the current or future infrastructure.
The essence of Industry 4.0 is the ability to act upon data and information that has been analysed.
Businesses are fundamentally concerned with making decisions. What is the next step or action? The quality of those decisions determines the quality of the actions that the business takes. Industry 4.0 brings a number of techniques/tools to bear. They are platformed on the ubiquitous nature of data in our systems and the fact that once we take an action that in itself feeds back into our decision making machinery. We can proceed on data analytics alone or bring in other tools like Deep Learning as we can determine makes good utility to ensuring we are taking high value action.
A Consulting Service to lead an organization through transformation to adopt Industry 4.0 is about right sizing adoption. Your organization may only need data transformation and analytics. Perhaps Deep Learning is not required. The view of these needs and the path forward will evolve over time. Especially, as an organization develops capability and experience.
Adopting Industry 4.0 is by definition a “right sized” and “fit for purpose” endeavour focussed on a pace that puts business value first and technology as a servant to the business.
Executives and key leadership in the organization must be made very clear on the value equation for Industry 4.0, for your business. Not another business. A well thought out characterization of all the potentials is required in the context of the operational challenges of the business at hand. Any consulting service brought in to help should be first tasked to help set the stage at the executive level on the business case based in relevant business requirements and strategic direction of the organization. In as much as Industry 4.0 can be characterized as a “good idea” a
number of factors determine when, where, why, who and what makes it a good idea and priority for your organization and necessary for everyone to get behind the effort. A series of facilitated assessment, strategy and opportunity workshops are a good way to start to win and seal executive agreement.
In determining the when, where, why, who and what of Industry 4.0 for your organization, Industry 4.0 as a priority for your organization is a critical message.
A core team needs to be formed to ensure that key leadership is in the room working on this high priority initiative. Individuals should be invited from Executive Management, Operational Management, Technology, Finance and Human Resources (for example). Adopting Industry 4.0 requires collaboration with an inclusive group of individuals who are focussed on achieving ultimate value for the organization. Thoughtful challenge, discussion and shaping of the Digitalization and Transformation is essential for achieving that value.
In Industry 4.0 we can take the data and information inherent to the functions of our business and through analysis, machine learning and deep learning to drive decisions for value in our business. In order to lead such a transformation, the team must be knowledgeable on the features, nuances and capabilities of these elements of Industry 4.0. Understanding is essential to realizing the potential. A consulting engagement should include training.
Understanding the features, nuances, and capabilities of these elements of Industry 4.0 is essential to realizing the potential.
Change is one of the most difficult things to experience. Any transformation for Industry 4.0 is requires a Organizational Change Management effort to lead staff and stakeholders through the change. It is important that the staff of such an organization be fully engaged. Their insight, advice and analysis is essential to the quality of the decisions, actions and capabilities for achieving high value that will be part of the implementation..
The staff of the organization needs to be fully engaged. Their insight advice and analysis is essential …… to achieving high value.
A plan brings a lot of details from timeline, scope, budget and regular assessments of performance. It allows for a course for the transformation to be charted, guided, refined and managed. Things like staged approaches, phases, key performance indicators and stage gates can be incorporated to keep the effort on track towards success.
A plan provides a course for the transformation to be charted, guided, refined and managed.
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