At LNS Research, we’ve been working hard to address the most pressing issues organizations are facing today. For almost two years, we’ve been translating our quantitative research and discussions with industry leading executives into a constant flow of actionable research around the areas of enterprise quality management, manufacturing operations management, and sustainable operations.
Sustainability, Energy Management, Innovation, Productivity,
Advanced Manufacturing Intelligence, Operational Excellence – with these topics, it’s guaranteed to be a strong weekly roundup. It seems as though the major industrial concerns and trends of 2013 that are increasingly spoken of are proving to make a positive impact on thought leadership content. Included are motivational articles, summaries, full reports, video footage, survey findings, and a book recommendation.
Over the past five years, there has been a major shift among Fortune 1000 companies to publish sustainability reports in addition to traditional financial reports. In fact, 81% of the Global 500 are now participating in the CDP Climate Change Report. Managing the complete flow of energy through an organization, especially for these mammoth companies, requires a robust operational excellence model that optimizes people processes and technology.
The increasing importance and relevance of industrial energy management (IEM) is causing many executives to refine existing operational excellence models. Market leading organizations are realizing the benefits of strategically aligning people, processes, and technology with financial, operational, and environmental objectives. For the technology piece of this equation, LNS Research places considerable focus on IEM software.
To effectively manage the flow of energy through an organization, it takes a robust operational excellence program with the right combination of leadership, business process, and technology. Taken a step further, aligning these resources with operational, financial, and environmental objectives, executives can take a measured approach to realizing energy management improvements.
IT and Line of Business executives in manufacturing industries have always struggled in attempting to define software architecture strategies that balanced the needs of individual plants and the broader enterprise.
The significance of industrial energy management has never been greater. Organizations are working to lower energy costs, increase efficiency, and reduce impacts to the environment. Because of its positive effects on business performance, IEM is in many cases considered a mechanism for improving the bottom line. However, there’s also an external driving force by both the public and private sectors. This force demands (and in some respects mandates by law) that organizations integrate sustainability with operations.
Our last Enterprise Sustianability Management blog post introduced LNS Research’s framework for Industrial Energy Management. It touched on the interconnections between operational excellence and people, processes, and technology. We also mentioned that the journey toward energy management requires a tiered and tactical approach. It takes time to develop a sustainability-oriented culture, energy management systems, and a supporting IT architecture.