Industrial companies are facing critical challenges rooted in slow growth, globalization, the effect of disruptive technologies, and unforeseen competitive threats. A new report from global management consulting firm, L.E.K. Consulting, reveals how those companies are responding—and what the response will mean for the future of companies around the globe in a range of manufacturing sectors.
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A series of in-depth interviews with CEOs and senior executives at 17 major global industrial firms spotlight emerging trends that include new sales models and organizational structures, a sharper focus on high-yield parts of the value chain, adoption of disruptive technologies, and shifts toward fast-cycle R&D. The findings are presented in the report, “New Imperatives: Why Global Industrials Must Shift Strategic Priorities.”
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