Last year, many leaders saw their organizations focused more on developing new products and services and improving productivity than on adopting new business models or technologies. This year, they told us about some of the organizational roadblocks that appear to be limiting effective Industry 4.0 strategies. Faced with an ever-increasing array of new technologies, leaders said they feel as though they have too many options from which to choose and, in some cases, they lack the strategic vision to help guide their efforts. Organizational influences also challenge leaders as they seek to navigate Industry 4.0. Many leaders reported that their companies don’t follow clearly defined decision-making processes— and that organizational silos limit their ability to develop and share knowledge to implement effective strategies. This article will elaborate the challenges faced by the
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