MIT: The Seven System Principles You Need to Know Before Implementing IIoT
Are you ready for IIoT/Industry 4.0?
Industry 4.0 promises to offer significant advantages to manufacturing and operations according to MIT experts. It also provides the opportunity to repeat the same systemic errors that plagued the previous three. In this video, MIT’s, Dr. John Carrier, discusses the seven most common systemic errors your company is likely to make when attempting to integrate the Industrial Internet of Things into your existing system, including:
- The “hidden factory” that inevitably results from a counterproductive and unpredictable mix of old and new technologies
- Designing feedback mechanisms in your system to gain IQ, make profits, and satisfy customers
- Solving problems and implementing change by engaging the company culture
Drawing on real examples, he demonstrates how you can recognize and respond quickly to these shortfalls, leveraging IIoT to transform your current operations into a sustainable learning organization.
Does your company have the right systems culture to survive, thrive, and lead in the fourth era? Watch this video to find out.
Dr. Carrier holds an ScD in Chemical Engineering Control Systems from MIT, and is currently a Senior Lecturer in the System Dynamics Group at MIT Sloan.
IIoT World also invite you to learn more about John Carrier’s Executive Education course, Implementing Industry 4.0: Leading Change in Manufacturing and Operations offered July 11–12. As an IIoT World reader you are eligible for a 15% tuition discount on select MIT Sloan Executive Education open enrollment programs by entering referral code IIOT15 on your application by June 30, 2017 (for programs through December 31, 2017). Some exclusions apply.