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Technology Meets Strategy: Competing in the Fourth Industrial Revolution

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Technology Meets Strategy: Competing in the Fourth Industrial Revolution

The Fourth Industrial Revolution has implications across a number of economic, social and environmental domains.

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A new industrial revolution has emerged during the last two decades, known as the Fourth Industrial Revolution or Industry 4.0. The term industry 4.0 (‘industrie 4.0’) was coined by Henning Kagermann and Wolf-Dieter Lukas, two German authors, in 2011 to emphasize the convergence of cyber and physical production systems.

Intelligent objects, machines, and humans interacting in real-time and seamlessly connecting companies with their suppliers, collaborators, and customers create new possibilities, resulting in a paradigm shift in manufacturing and production. The Fourth Industrial Revolution has far-reaching economic, social, and environmental implications.

Drawing upon the extensive experience of Dr. Manish Srivastava, one of the leading scholars on technology and strategy, participants in this session will learn to think strategically about the opportunities and challenges of the Fourth Industrial Revolution.

This interactive, thought-provoking class will utilize readings and case studies from top business schools as a springboard for discussions and dialog.

Strategy Foundation

  • Good, bad, and ugly: The three faces of strategy.
  • Do you really have a strategy?

 

Technology and Competitive Landscape

  • Industry 4.0 and disruption. How is Industry 4.0 reshaping the competitive landscape?
  • The future is here. Are you and your organization ready for Industry 4.0?

 

Business Models

  • Traditional and emerging business models in Industry 4.0.
  • Industry 4.0: Swim or sink? Analyzing and developing business models.

 

Organizational Structure and Culture

  • The impact of Industry 4.0 on organizational structures
  • Creating an agile and flexible organizational culture

This course focuses on understanding the challenges and opportunities of the Fourth Industrial Revolution, how the competitive landscape is changing, and how you can position yourself and your company to gain a competitive advantage. You will benefit from this class if you currently hold a leadership position or want to lead your organization.

Substitutions are free and must be done prior to the start of the class or certificate program.

Cancellations or rescheduling must be received in writing and full refunds will be given up to four business days prior to the start of class.

Any cancellation or reschedule submitted with three or less business days notice is subject to a $35 charge on 1 or 2 day classes and a $75 charge on certificate programs.  

No refunds after the first day of the class or certificate program.

This class can be done onsite at your facility.  It can be done as a 4-hour session (abbreviated) or as the 6-hour session above.  Contact me and let’s explore how easy, and effective training your workforce can be. Paula.Seiwert@wichita.edu

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