Why manufacturers need a phased approach to digital transformation those that succeed with this difficult work break it into three stages, each with its own guiding metrics

Digital transformation can be particularly complex in manufacturing because it requires the multistaged integration of physical assets with digital technologies. The authors’ research finds that manufacturers that succeed in adopting transformative tech take a three-stage approach — making efficienc...

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Bibliographic Details
Main Authors: Joglekar, Nitin, Parker, Geoffrey (Author), Srai, Jagjit Singh (Author)
Format: eBook
Language:English
Published: [Cambridge, Massachusetts] MIT Sloan Management Review 2024
Edition:[First edition]
Subjects:
Online Access:
Collection: O'Reilly - Collection details see MPG.ReNa
Description
Summary:Digital transformation can be particularly complex in manufacturing because it requires the multistaged integration of physical assets with digital technologies. The authors’ research finds that manufacturers that succeed in adopting transformative tech take a three-stage approach — making efficiency gains, leveling up digital capabilities, and then growing via innovation — and that they apply the right metrics during each stage
Item Description:Reprint #65309
Physical Description:9 pages illustrations