Industry 4.0 Middle Market Planning Checklist

Industry 4.0 Middle Market Planning Checklist

ASSESS YOUR INDUSTRY 4.0 MATURITY

  • Where is my organization on the continuum of Industry 4.0 maturity?
  • Where are there gaps in my organization’s evolution to the next level?
  • What are my customers’ and/or employees’ biggest needs?

DEFINE YOUR VISION

  • What do I want my organization to look like five years from now?
  • Based on where my organization is today, where do I see the biggest opportunity to create value?
  • How can I enable a competitive advantage for my customers?

FIGURE OUT FINANCING

  • How much do I want to spend?
  • How will I fund this initiative?
  • What additional resources or investments does this initiative require?

SET UP YOUR PILOT

  • What pilots offer the most reward with the least risk?
  • What are the anticipated benefits?
  • What KPIs will I use to quantify success?
  • How do I track and report on progress and at what cadence?

MAP CROSS-FUNCTIONAL PROCESSES

  • What are the adjacent functional areas potentially impacted by this initiative?
  • What are the process flows that may need to be changed or updated?
  • How might this initiative impact my suppliers or customers?

ENGAGE EXTERNAL STAKEHOLDERS

  • What’s the best way to engage my external stakeholders and value chain partners?
  • Do I have access to the third-party information I need?
  • Where do I need to shore up new third-party security vulnerabilities?

PREPARE YOUR PEOPLE

  • How can I rally the entire organization behind this initiative?
  • How do I communicate change to the organization?
  • What training do my employees need?

 

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