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Home " Industry 4.0 and management challenges

Industry 4.0 and management challenges

The last impactful transformation in the mode of production was industry 4.0. Continue reading and better understand what has changed in management
  • Fausto Henrique
  • Others Topics
  • 17:27
  • 21/11/2018

Table of contents

Foto de Fausto Henrique

Fausto Henrique

Product Manager at Actio Software, responsible for aligning business strategy with customer demands, driving continuous product evolution.

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" Industry 4.0 and management challenges

Industry 4.0 and management challenges

Indicators are essential, but they can hinder strategy execution when they fail to guide decision-making. Learn when metrics turn into noise.

  • By Fausto Henrique
  • Others Topics
  • 16:00
  • 21/11/2018

Table of contents

The world has undergone constant impactful transformations, which have brought periods of innovation in different aspects and across various sectors. The last one was the Industry 4.0.Keep reading to understand better what changed!

In the Industrial Revolution, manufacturing and transportation processes began to use machines for improvement and greater agility.

Then came the Scientific Revolution, which was when electricity became part of production processes.

The third revolution was in the 1950s, when the use of computers brought about significant changes in business management, thanks to the evolution of information technology and data processing. Automation considerably improved the productivity of various professionals.

We then arrive at the fourth revolution, currently known as Industry 4.0, the era of the industrial internet, which combines intelligent machines and the work of connected people, causing transformations and expanding operational efficiency in sectors such as transportation, manufacturing, and energy.

As expected, alongside the changes come a series of challenges, especially when it comes to security and interoperability between devices and machines.

How is business management handled in this context?

What is Industry 4.0?

The concept came to public attention and the term was first used in Germany at the Hannover Fair in 2011.

Since then, technology hasn't stopped evolving, which makes it difficult to fully explain the term, as it's impossible to define what belongs within it.

In summary, we can say that the idea of Industry 4.0 is to change the way factories operate, based on the decentralization of control over production processes and the use of interconnected intelligent devices throughout the entire chain, both for production and logistics.

One of the pillars supporting the concept is interoperability, which consists of the connection, whether online or via cloud, between people, mobile devices, and machines.

Here come terms that are becoming popular, such as the Internet of Things and augmented reality.

Management challenges:

Entrepreneurs and managers cannot ignore this revolution, which is why preparation is needed to keep up with the landscape, where information and automation technologies generate competitive advantages.

It's not possible to wait for a future moment to invest time in formulating a plan to analyze and seek to apply new technologies in the organizational environment.

The important thing is to do it the right way, primarily considering these two aspects:

Integration

Many companies, in an effort to keep up with technological advancements, end up adopting isolated initiatives that are not aligned with the organization's goals and therefore fail to achieve the intended cost-benefit.

The first step of implementation should be aligning purpose with the company's strategy, setting goals and objectives, and then building a action plan and of projects, which should be done in an integrated manner.

It's not enough to want to use a technological tool to change something within the company; it's necessary to integrate it with people, structure, processes, and the system. management business.

Transition

Even though much of the new technology is already available, it is essential to consider that the transition to Industry 4.0 will not be sudden, but gradual, taking into account economic and strategic factors, as well as the technological capabilities of Industry in Brazil.

The ideal is to start small, while thinking big, piloting each idea individually, measuring results and expanding little by little.

It is recommended that the internal team meets with experts and together they assess the feasibility and impact of each new technology that is to be implemented.

Challenges exist, but as mentioned, technology continues to develop. Precisely through this evolution, it will become viable for different companies to adapt to the new industry standard that is emerging.

Did you enjoy learning a bit more about how to deal with the challenges in Industry 4.0? If you found this content useful, follow us on social media — Facebook, LinkedInand YouTube — and stay up-to-date with everything we talk about here.

Did you know that Stratec developed a system to help managers control KPIs, Action Plans, Goals, and projects?

 

Strategic management software

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Fausto Henrique

Product Manager at Actio Software, responsible for aligning business strategy with customer demands, driving continuous product evolution.

Foto de Fausto Henrique

Fausto Henrique

Product Manager at Actio Software, responsible for aligning business strategy with customer demands, driving continuous product evolution.

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Home " Industry 4.0 and management challenges

Industry 4.0 and management challenges

The last impactful transformation in the mode of production was industry 4.0. Continue reading and better understand what has changed in management
  • 21/11/2018
  • 17:27
  • Others Topics

Share this content:

Foto de Fausto Henrique

Fausto Henrique

Product Manager at Actio Software, responsible for aligning business strategy with customer demands, driving continuous product evolution.

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