Episode 4: The Art of the Possible

This Episode Jeff and Scott got a bit of a philosophical discussion on The Art of the Possible and The Art of the Practical—in other words dream about how your company can go about digital transformation, but keep your aspirations grounded in what’s realistically achievable for your organization and what’s best for your ROI. As Jeff would say: “Dreaming without action is just a mirage, but action without dreaming? That’s a treadmill.”

Questions Jeff answers in this episode:

  1. What is the ‘Art of the Possible?’ and how is it different than the ‘Art of the Practical’?

  2. What is holding companies back from the ‘Art of the Possible’?

  3. Where do you anticipate AI will progress to in the next 5 years?

  4. Give us some case studies of sustainable manufacturing companies who have reached the top and some best practices for ESG?

  5. What areas of Industry 4.0, if any, should smaller companies avoid engaging on/in to ensure the highest ROI and minimal scope creep on their journey?

  6. What does Quality 4.0 look like? What will remain and what will be obsolete?

  7. How can manufacturers manage the challenge of needing large volumes of data while also ensuring that this data is high-quality and reliable for AI applications, such as predictive maintenance or quality control?

  8. How should companies think about the ethics, if at all, related to data collection in a way that respects workers' rights and maintains transparency?

Link to Smart Industry’s original podcast page


Sources Referenced:

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Industry 3.0 vs Industry 4.0 Automation Differences

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The Evolving Role of the Chief Digital Officer