Industry leaders emphasize the importance of four management practices in a transformation.
Few industries are facing as much external change as pharmaceuticals and medical products, whether it be sustained global demand and the need for drugs and devices, accelerating cost pressures on health systems,
As the world grows in both wealth and population, so will the demand for energy: global primary-energy consumption is on course to increase 25 percent between now and 2030. At the same time, concerns over pollution and climate change are forcing business and government to think hard about how they produce and use energy.
The world economy’s operating system is being rewritten. In this exclusive excerpt from the new book No Ordinary Disruption, its authors explain the trends reshaping the world and why leaders must adjust to a new reality.
In the past 20 years or so, manufacturers have been able to reduce waste and variability in their production processes and dramatically improve product quality and yield (the amount of output per unit of input) by implementing lean and Six Sigma programs.However, in certain processing environments—pharmaceuticals, chemicals, and mining, for instance—extreme variability is a fact of life, sometimes even after lean techniques have been applied.