pany’s history or culture or perhaps by its
current standing in its market? Or could this
sentiment be governed by the degree to which
someone understands and has experience with
M4.0, meaning that the sentiment could shift
as knowledge and experience are gained?
Well, the answer is probably some unfathomable mixture of all of the above. But as I
think more about it and look at the survey
results on this particular question over time,
I’m beginning to believe that the most important factor may indeed be the last one
– the more experience and knowledge one
develops about M4.0, the more one is able
to see the possibilities in becoming a digital
The ML Council’s new Factories of the
Future survey, results of which are published
in this issue, show a small but noteworthy
shift in that sentiment since last year, when,
presumably, many manufacturers continued
to climb the M4.0 learning curve. This year,
50% of survey respondents say they believe
that M4.0 will be a game-changer for the industry, truly ushering in a new era for manufacturing. This finding is up eight points from
our 2017 survey.
We shall see whether this group becomes
a sustainable majority in the months ahead.
One thing we have learned during the past
few years is that M4.0 progress is not linear
and not without hiccups of all sorts.
So as we stumble forward to the inevitability of M4.0, the true tests of whether
M4.0 is a game-changer will no doubt be
found in the numbers. Did your company
perform better financially? Has it increased
its market share and shareholder value? Has
a real, sustainable competitive advantage
If we can answer these questions in the affirmative, we’ll know we have truly created a new
era for manufacturing. – David R. Brousell
NE OF THE MORE INTERESTING SENTIMENTS WE’VE BEEN
tracking in our annual Factories of the Future surveys is whether manufacturing executives believe that all of the advances attached to the Manufacturing
4.0 movement will result in truly transforming the industry, or whether they
will be significant but will fall short of reordering the manufacturing universe.
Is this a case of seeing the glass as half empty or half full? Are the perspectives linked to
whether someone is naturally pessimistic or optimistic? Could views be influenced by a com-
LEADERSHIP JOURNAL .................... ....................
Is M;.; Really an Industry Game-Changer?