The UWI – ALJGSB will feature the originator of Industry 4.0, Henrik Von Scheel at the annual Distinguished Leadership and Innovation Conference (DLIC) on May 8th, 2020 at the Hyatt Regency, Port of Spain. Hailed by Financial Times as one of the leading authorities on strategy and competitiveness, he is notorious for his personal involvement to define the core differentiating, competitive aspects and to identify how to innovate and where to transform. As one of the most influential business thinkers, his work has been applied to national economies, influenced GDP growth, reset policies in governments, set standards currently applies by 26 NATO members, ignited hyper growth in companies and fuelled the profit of fortune 500 companies. Von Scheel will discuss putting Industry 4.0 into practice to shape the future and growth of organisations and of the nation.
The emergence of Industry 4.0 continues to gain momentum with the development of technologies fondly known as artificial intelligence (AI), data analytics and the Internet of Things (IoT). Organisations will be challenged to reinvent their businesses, with customer centricity and experience at the core of every solution. Leaders will be required to champion innovation in an eco-system reconfigured for employees to explore lateral functions and multi-disciplinary roles. Data analysis will become the backbone of future business and traditional businesses are being forced to dismantle silos and adopt more collaborative frameworks, encouraging agility and preparedness for global markets. Combining smart technologies with industrial platforms and practices, will achieve faster, more flexible and efficient processes to increase quality and reduce costs. Are you ready to harness the potential of Industry 4.0 within your organisation?