Hatch or Go Bad
Industry in the US is at a turning point, and as such it’s at least a little bit similar to an egg. To borrow some imagery from C.S. Lewis, “You cannot go on indefinitely being just an ordinary, decent egg. We must be hatched or go bad.”
As we move forward, then, how can the world of industry make sure we hatch and thrive?
In a previous article, Paul Kumler, president of KTM Solutions, shared is thoughts on how the COVID-19 pandemic has affected the labor force, specifically when it comes to industry. He concluded that trade imbalance and competition in the global market will drive us to build on Industry 3.0 (automation, computers) and launch us more directly into Industry 4.0 (internet of things, networks).
Industry 4.0: Implementation and Challenges
In this follow-up piece, he considers the effects that increased automation might have on the workforce and how we can prepare to train laborers for higher-skilled jobs and higher-value work. In addition, he considers potential hurdles to implementing Industry 4.0, such as the need for cohesive standards, development of appropriate educational programs, and the cost of implementation for small businesses.