![]() ![]() Okay, let’s start with what didn’t work out. Some things worked and some things didn’t. IMMELT: I lived and led at a time of immense volatility and change. that’s General Electric - gave Immelt a lot of experience with crisis leadership. ![]() And the second thing is, today all leadership is crisis leadership, and I have a lot to offer to that debate. I felt like the story had been out there, but lacking context and quite honestly, not always being truthfully told. And b) you don’t have a tale of triumph to tell. But in your case, I don’t think it’s such a silly question because: a) you don’t need the money let’s be honest. Independent to distributed (e.g.Stephen DUBNER: So there is a silly question that a lot of authors get asked, which is: Why did you write this book? Silly, because it’s usually obvious.Segregated to integrated (e.g., integrated data platforms).Disassociated to connected (e.g., connectivity and network hosts).Packaged to on-demand (e.g., shared manufacturing).Transactional to Subscription-based (e.g., robotics-as-a-service).The study also explores future manufacturing tenets driving key shifts in business models: The study covers market potential, key drivers, patent landscape, regional insights, and growth opportunities for each of these technologies. These include the internet of things (IoT), robotics, generative design, 3D printing, artificial intelligence, cybersecurity, digital twins, 5G, and cloud computing. This study explores the top nine technologies companies must consider switching to a lights-out manufacturing environment. ![]() Automotive, general manufacturing, electronics and electrical components, and logistics and warehousing are four major industries expected to make rapid advancements toward a fully automated ‘lights out’ environment in the short term. While some industries may find the lights-out scenario attractive, operational complexity could hold them back. Only a handful of companies currently operate in a lights-out environment others are expected to gradually ‘phase into’ a fully automated manufacturing process over the long term. Switching to a lights-out manufacturing process can potentially save up to 20% of labor costs and bring about a 30% increase in productivity output. The future lights-out production space will also drive new opportunities in condition monitoring and predictive maintenance of automated assets. Although manufacturing ‘lights out’ is not intended to eliminate human labor, it will create the opportunity for a skilled workforce to add value to tasks that require complex problem-solving capability, creativity, and ingenuity. In a lights-out environment, the manufacturing process is fully automated, with minimal human intervention required to run day-to-day operations. This is expected to accelerate the transition to fully automated lights-out manufacturing processes. In an effort to become more resilient and shock-proof, manufacturers, especially in the West, are compelled to use digital processes to reconfigure their supply chains and move their production lines closer to the point of consumption. Digitalization and automation are rapidly shaping business strategy, with nearly 90% of companies embracing digital transformation in the short term. The COVID-19 pandemic has not only hindered global manufacturing output but has also hastened the shift toward Industry 5.0. Post-pandemic Manufacturing Shifts will Usher Future Growth Potential of ‘Lights Out’ Environment ![]()
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