We are still in the early stages of Industry 4.0, also known as the Fourth Industrial Revolution, which brings together physical assets—including machinery, vehicles and inventory—with digital technologies such as analytics, artificial intelligence, cognitive technologies and the internet of things . This marriage of the physical with the digital allows for the creation of a digital enterprise that is not only interconnected, but also capable of more holistic, informed decision making.
Social Supers consider social initiatives fundamental to their business models in the age of Industry 4.0, and they translate their optimism about doing good into confidence and benefits in other areas: They have a greater appetite for investing in new technologies to disrupt markets; they are more likely to declare their workforces prepared for the Fourth Industrial Revolution; and they demonstrate aA methodical, data-driven approach to strategy development in the Industry 4.
to their organizations’ workforces and more concerned with using Industry 4.0 technologies ethically. generated 5 percent or greater annual revenue growth, in contrast to only 25 percent of other organizations.Executives who report investing in technologies to upend their markets—and have made technology investments that have achieved or exceeded their intended business outcomes—have been designated the Disruption Drivers.These leaders are more likely to say they feel ready to lead in the Industry 4.0 era and are prepared to capitalize on the opportunities associated with Industry 4.0.
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