Non-digitalisation loss & Kaikaku
It is obvious that the show of digitalisation, which we all attend, is aimed at increasing the level of productivity (and quality). This “show” will cover all areas around us – it is the new global resource.
At the company level, the lack of productivity growth has many causes. One of them is the lack of an adequate investment plan. Innovation through digitalisation is often found in the creation of new products, new processes, new technologies, new materials – better, more efficient and easier to implement and use. Extending the use of current/outdated equipment and technologies seems at first glance to be a cost-saving measure for managers, but this may actually mean at least a loss of opportunity to benefit from a shorter processing time that can be achieved by digitalisation and new equipment, which actually creates an increase in costs.
Many companies already have master plans for achieving the ideal state of dream digitalisation factories with tangible and intangible results in KPIs.
So, are you aware, measure and act upon to reduce/eliminate non-digitalisation loss by running KAIKAKU projects? Is the opportunity cost of digitalisation fully understood by top managers?
Source: Alin Posteucă on LinkedIn