Lighthouses Live 2022 #GLN22

TL;DR

Lighthouses in the Global Lighthouse Network are leading the way in adopting Fourth Industrial Revolution technologies while prioritizing sustainability and workforce engagement.

Transcript

the world economic forum i'm joined today by my colleague and friend eno de boer from mckinsey who is right now with us in our tv studio in new york eno a very well welcome thank you francisco it's a pleasure to be hosting this event with you today in the current geopolitical context local manufacturing and supply chain resilience are becoming incr... Read More

Key Insights

• ❓ Lighthouses demonstrate that it is possible to achieve sustainability and productivity simultaneously.
• 🌐 Modular solutions and replication of successful practices enable scalability across global production facilities.
• 🥶 Collaboration with technology partners and research institutions fosters innovation and co-innovation.
• ❓ Workforce upskilling and engagement are critical for successful digital transformation and innovation.
• ❓ Lighthouses prioritize alignment, accountability, and agility to navigate through challenges and achieve breakthrough results.
• 🍉 Investing in digital transformation and sustainability yields long-term benefits for both companies and the environment.
• 🇭🇰 Lighthouses are pioneers in leveraging technologies like VR, AR, and AI for upskilling and enhancing workforce capabilities.

Questions & Answers

Q: How do lighthouses balance environmental impact and productivity?

Lighthouses have demonstrated that it is possible to achieve both environmental impact and productivity by putting people at the center of digital transformation and engaging the workforce throughout the process.

Q: What are the challenges faced by lighthouses in scaling their digital transformation efforts?

Lighthouses face challenges in ensuring alignment and scalability across their global production facilities. They overcome these challenges by adapting modularized solutions and replicating successful practices from one site to another.

Q: How do lighthouses collaborate and build ecosystems to drive innovation?

Lighthouses collaborate with technology partners, universities, and research institutions to share best practices, exchange ideas, and foster co-innovation. They establish platforms and conferences to promote collaboration and synergies within the industry.

Q: What role does workforce upskilling play in lighthouses' successful digital transformation?

Workforce upskilling is a key enabler for lighthouses' digital transformation. They invest in training programs, academies, and apprenticeships to empower their frontlines, unleash creativity, and drive innovation. Collaboration between different functions and cross-functional teams is crucial for success.

Summary & Key Takeaways

• The Global Lighthouse Network consists of production sites and value chains that excel in adopting cutting-edge technologies to drive efficiency and competitiveness.

• Lighthouses prioritize sustainability, engaging their workforce, and achieving environmental impact alongside productivity.

• The rapid digitization efforts during the COVID-19 pandemic have highlighted the importance of adopting technologies at scale and avoiding pilot purgatory.