The World Economic Forum’s Global Lighthouse Network comprises 54 leading companies that have succeeded in the adoption of Fourth Industrial Revolution technology at scale, at individual sites and/or end-to-end across the value chain. This growth reflects the accelerating adoption of core Fourth Industrial Revolution technologies and their infusion in daily manufacturing and supply chain operations, as organizations act on a new urgency to remain competitive. Recent world events have only amplified this urgency, calling for a “Great Reset” across all sectors of the global economy. This Great Reset represents a decisive set of actions oriented towards delivering value not only to companies themselves, but to society as a whole.
The agility and resilience of lighthouse organizations have shown that in light of adversity the same qualities that set them apart before the pandemic are, in fact, part of the strong foundation essential to withstanding the tremendous forces unleashed by the powerful waves of change it has brought forth. Likewise, these qualities are what equip them to drive the Great Reset among industrials.
The Global Lighthouse Network encompasses a diverse range of manufacturing contexts across varied industries. Because of this diversity, these frontrunner companies shine a far-reaching light that extends far and wide. Thus, the learning opportunities they offer are widely relevant and not limited to a specific type of manufacturer. Indeed, the accumulated experiences of lighthouses present a valuable set of learning opportunities to companies of any size looking to transform their operations. This light offers a dual benefit: it is illuminating both what is possible and what is required to succeed in the face of adversity.
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