One of the most common mistakes LNS Research sees manufacturers make in their Industrial Transformation (IX) programs is starting with technology selection. To help companies better structure their IX programs, we have designed the LNS Research Industrial Transformation Framework (shown below). Our framework recommends companies manage their IX programs across five key swim lanes:
- identifying business objectives at the C-suite level
- establishing strategic initiatives aligning to the C-suite objectives
- building a robust operational architecture
- focusing on technology selection
- embracing change management