It is where digitalisation moves completely into the industrial sector. When devices meet cloud and sensors trigger decision making based on machine learning. Nikola Tesla predicted in 1926 that we would have a connected world with video phones and instant access to everyone across the globe. The world would be
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Manufacturing + Technology = Fourth Industrial Revolution
Don´t forget to change, it might be the last thing you did not do
We know that strategy is a long term thing that changes rarely. For example, a company who produces an item, let say a car, has decided early on to do just this. Their strategy might be to manufacture exclusive cars, just to keep it simple. If we then look at
Information and Knowledge Based Decision Making
Knowledge come from various places, experience is one and analysis is another. We can either try, fail, learn, try, fail, learn and eventually do it right. We can also try to understand first and then make a decision. E.O. Wilson put it well: “We are drowning in information, while starving