With 2022 firmly in the rearview mirror and the new year now underway, it’s clear many of the opportunities and challenges affecting equipment manufacturers today will remain as relevant as ever in the weeks and months ahead. And while it’s a fool’s errand to try to predict exactly how 2023 will unfold, equipment manufacturers would be wise to pay close attention to a number of trends and how they may evolve in the near term.
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With that in mind, the Association of Equipment Manufacturers (AEM) spoke to several staff leaders to hear what’s top of mind for them at the moment.
1. The industrywide emphasis on organizational culture
With so much change taking place in 2022, organizations in many industries, including equipment manufacturing, are being forced to re-examine their business models. Supply chain issues, increased competition, technology advancements, and economic uncertainty have all placed pressure on companies to adapt, innovate, and rethink how they do business.
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