Industrial Engineering leaders and managers have to plan productivity improvement or projects and studies for each financial year. Industrial engineers have to plan and achieve significant productivity gains year after year. These gains make possible increases in revenues and profits of the companies. As McKinsey authors write, if companies do not show growth, they will disappear. If IE departments cannot show productivity improvement they will diminish in importance and compensation. IE leaders have behave like entrepreneurs to identify productivity improvement opportunities at elemental level in operations. But, they have to be made Enterprise level contributions by horizontal deployment. It is important to remember that elements are common in many operations.
McKinsey authors write: Growing a business is a matter of do or die.
Top growth leaders are methodical in asking and answering three crucial questions:
Where is my growth going to come from?
How do I grow now and tomorrow?
How do I set up my growth engine?
Productivity or industrial engineering leaders have to ask similar questions
Where is productivity going to come from?
How do I increase productivity this year and next year?
How do I set up my productivity engine?
Read McKinsey article:
https://www.mckinsey.com/business-functions/marketing-and-sales/our-insights/growing-faster-than-the-market
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