"Transformation” has become the new buzzword of the 20’s. It is everywhere, including television commercials. Some of that is hype but it is also becoming clear that more and more companies are succeeding at Industrial Transformation (IX). IX Leaders are 72% more likely to have grown revenues by more than 10% and 57% more likely to have reduced Cost of Goods Sold (COGS) by more than 10% as a result of their IX Program. To achieve that level of positive business impact, IX Leaders must reorient or reject the core processes they needed to deliver early successes and adopt a different set of operating procedures for long-term success and sustainability. Manufacturers must rearchitect their IX Program in mid-flight.

In this Roundtable, LNS Research Fellow Tom Comstock will discuss the gap between the processes for success in early-stage programs and the processes for more mature programs, and how to cross this Transformation Chasm as the fundamental differentiator between success and stagnation/failure in IX.

Learn more about:

• The four stages of Industrial Transformation (IX) and the key processes in each stage
• The seven best practices of IX
• Tips and tricks for crossing the Transformation Chasm
• How to “get real” and get ready for your IX journey to institutionalize transformation

Here, you can download the presentation slides for this session.