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The executive in the digital age

Industry 4.0 is not a measurable goal like a company’s budget planning. For example, sales, earnings, costs, investments, personnel, etc. are defined for one year or even several. During this period, the figures can be used to determine whether you are achieving the targets or whether there are any deviations. With Industry 4.0, there are hardly any measurable variables. When employees ask me where we will stand on the topic of Industry 4.0 in 5 years, I answer: I can’t say. I declare that Industry 4.0 is a path we want to take and that I firmly believe it is the right thing to do for our company and our jobs. You can’t measure the future, and you can’t know it. You can shape the future yourself if you have conviction, faith and hope in what you are doing. That is why visions are important. They are not measurable quantities. However, they can give us the courage to break new ground and create success in the future.