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WEF_Winning_The_Race_For_Survival_2020
auto-generated 1-Feb-2021
Winning the race for survival How advanced manufacturing technologies are driving business-model innovation W H I T E P A P E R M A Y 2 0 2 0 Contents Overview 1 A new business model conversation is urgently needed right now 2 Operating vs business model 3 5 7 9 3 Failures in operating and business models during the COVID-19 crisis 13 4 Successes in operating and business models during the COVID-19 crisis 17 5 A call for action: Towards a new normal for advanced manufacturing, services and suppl

Keywords

supply to its operations failure has been operating models where new technologies firms on the supply business models operating and business models business advanced manufacturing operating models

Sources: WEF

Pathway Demo and Download Data

You can download the excel file containing Categories, Goals, Measures and Actions. Please use Lunge App, to try the pathway data.
This section lists the Pathway type, Priority/ function areas, Sectors/ fields of life and People/ roles for the pathway.
Type:   Forecasts
Priority/ Function Areas:   Law & Government  People & Society
Sectors/ Fields of Life:   Economy-wide
This section lists the Categories, Goals, Measures and Actions included in the pathway.
Goals:   enable design production   order oversight processes   adjust business model   experience demand surge   dismantle existing models   blur chains manufacturing   leverage providing knowhow   optimize supply chains   facilitate manufacturing chains   thrive success factors   address product shortages   create perfect space   do information systems   protect including stakeholders   enable manufacturing models   leverage cost firms   provide transformation roadmap   play bigger role   see untidy scramble   harness created effects   drive facilitate transformation   describe enabling factors   support inclusive transformation   fashion business model   furlough loss sickness   create swings shortages   imagine new normal   explore business models   make fail experiments   fit business models   create services layer   execute loss sickness   reconfigure operating models   create last failures   inform next generation   manage new partnerships   change cost structure   take shape models   utilize fertilizers seeds   realize profit revenues   shape operating models   manufacture complex products   play key part   leverage lowcost data   reconfigure reconfiguring capability   use time connectivity   include sector providers   require partner selection   display largest delays   dominate equity markets   coordinate overall model   meet demand surges   process industries services   keep unavailable lockdowns   exist making markets   take herculean task   match demand supply   utilize market orchestration   furlough key reason   innovate operating models   disrupt supply chains   ask speaks times   include directed supplies   summary brought shock   flip operating models   embrace monetize ways   affect business models   highlight clear need   leverage supply chains   set covid19 crisis   drive innovation https   provide complete solution   visit fellow initiative   liberate production companies   publish worth innovations   create pointing infighting   develop future capital   reduce operating expenses   make digitize efforts   possess transform ability   maintain status quo   reconfigure supply chain   shape regional agendas   involve collaboration benefit   create positive loop   create sales channels   visit senior product   exacerbate find inability   use design production   create done locations   leverage manufacturing technologies   create tipping point   affect set manner   need operating failures   support supplier network   involve manufacturing capability   utilize business models   deploy technology solutions
Measures:   officebased workers   lifecyclebased pricing   retail sector   recent trends   critical consumables   numerous experiments   sophisticate requirements   exist parts   sink perspectives   initial monthlong   onetime sale   digital technologies   short notice   forum platform   service layers   grow parts   straightforward approach   organizational processes   general chains   exist collapses   capitalrelated failures   make markets   most firms   industrial firms   rapid turnarounds   lowmedium products   result shortages   advance firms   strategic workforce   lean principles   fastchanging environment   regional agendas   several countries   local stores   above priorities   prepandemic operations   different platforms   platformbased solutions   complete solution   omni digitalization   major firms   system functionality   untidy scramble   aidriven diagnostics   exist products   vicepresident product   long times   intense stress   great responsiveness   manufacture capacity   inflexible technologies   new conversation   early investments   radical firms   underlie models   key issues   systematic changes   complex products   necessary condition   many models   costfocused approach   follow individuals   advance services   interorganizational collaboration   senior president   multiple scenarios   steep drop   manufacture models   same time   suitable vaccines   dominant resilience   white paper   high degrees   reconfigurable capability   digitalize chains   infection possibilities   fast radius   fast parts   know platforms   inflexible platforms   digital infrastructures   federal government   foremost business   low interaction   demand surges   immediate fluctuations   early success   online monitoring   such shocks   continue reliance   validate entities   mount concerns   operational resilience   marketbased models   chain model   personal ppe   big role   competitive advantage   such buffers   customer requirements   final set   executive officer   long delays   capability capital   flexible capacity   accelerate adoption   supply chain   technology solutions   future decisions   previous sections   core part   extreme conditions   lastmile operations   rapid cycles   complex selection   underlie factors   manufacture technologies   additional examples   rapid innovation   production failures   automate industries   local suppliers   big retailers   fix costs   new capabilities   variable costs   advance community   exist technology   current models   implicit responsibility   deep sources   extend chains   physical entities   key collaboration   digitalize platforms   monthlong lockdowns   early switching   global economy   rigid operations   retail supply   manufacture services   remote team   social distancing   mas experimentation   result loss   economic forum   unprecedented increase   business models   rapid part   govern rights   rapid actions   multiple markets   model examples   sale channels   fault resolution   most part   significant chain   dramatic increase   upstream benefit   incubate partnerships   high level   elective surgeries   interorganizational processes   strategic partnerships   large firms   current paper   doctoral program   tremendous benefit   senior product   additional users   global head   affect countries   takeout orders   fair manner   production strategy   low cost   digital transformation   past years   institutional level   model innovation   accessible model   long time   key feature   entire year   install base   nonessential work   local sources   observe failures   open question   efficient integration   flexible service   informal flows   multiple levels   independent technologies   relate actions   key workers   report failures   time connectivity   individual firms   senior executives   knowledge gaps   value management   digital economy   broad sector   upstream firms   global markets   incremental value   fast commercialization   new sources   right questions   stable relationships   initial stockouts   industrial ecosystems   digital solutions   success factors   trustbased relationships   demandside economy   global agendas   formal networks   second sources   second source   largescale capacity   managerial capabilities   entire stock   key drivers   conventional retail   digital collaboration   digital services   discrete companies   herculean task   former officer   rigid systems   network effects   exponential surge   new equilibrium   necessary tiers   lowcost data   unavailable lockdowns   digital technology   new models   direct visibility   permanent changes   adsponsored platforms   businessmodel innovation   online retailers   lead authors   medical gowns   digital platforms   operational darwinism   service layer   manufacture capability   short term   international organization   strong partnerships   most sectors   external parties   fix fee   reliable information   informal feedback   valuable information   strategic measures   market orchestration   good products   senior operations   seasonal fertilization   asset management   small size   global network   efficient operations   normal mode   restrict decisions   grand projects   profitoriented businesses   tip point   operate models   global chains   need responses   additional demand   unexpect surges   key part   enable factors   more ecosystems   future capital   specific trades   enable production   advance technologies   exist firms   business model   near term   surprise contributors   distribute chains   economic growth   extreme disruption   very nature   information systems   simple supply   exist models   many components   transformation roadmap   online sector   sharp end   tactical measures   necessary supplychain   manufacture chains   unreliable systems   manufacture companies   new ways   new channels   local actions   integrative systems   multiple tiers   robust alternatives   local ecosystems   healthcare technologies   critical guarantees   many instances   usual suspects   chief officer   package goods   positive loop   past decade   exist capacity   specialist equipment   primary products   technical capability   retail distributor   personal interaction   production companies   systemic failures   valuecapture models   supplychain complexity   emerge examples   enhance access   high performance   continue uncertainties   rapid change   design production   remote management   disrupt chains   significant efforts   political business   exist arrangements   multiple countries   manufacture operations   exist capabilities   corporate lab   automotive firms   specialist supply   normal times   sustainable director   centralize operations   darkstore platforms   critical supplies   large systems   worth innovations   widespread infections   different releases   many years   remote assets   new forms   future systems   leverage networks   diagnostic testing   protective equipment   assistant professor   partner selection   accelerate models   medical equipment   clear need   digital production   large investments   digital firms   liquidity pressure   substantial operations   warrantee pricing   cost structure   integrative failures   pandemic disruption   future disruptions   sink swimming   demandsupply mismatch   vital products   significant stress   legal regimens   lowmargin models   long waits   additional investments   online demand   industrial economy   demand surge   retail market   real time   high dependency   feedback loop   resilient models   rapid growth   seamless customers   significant automation   new partnerships   fellow workers   digital connectivity   entire health   full responsibility   new practices   challenge times   supplier network   new entrants   white series   major source   asian chains   key reason   lastmile logistics   exist systems   perfect space   additional fees   overall model   inclusive transformation   future transformation   online orders   economic crisis   unanticipated outcomes   key aspect   specialize labour   critical equipment   exist data   various solutions   lead times   equity markets   liquidity issues   supply chains   separate drivers   traditional channels   external shocks   distant production   global community   fast times   traditional models   different ways   maritime logistics   group strategy   new firms   status quo   large pools   global knowhow   teambased platforms   cash reserves   new capability   large portions   publish innovations   large delays   product shortages   different concepts   digital innovation   manufacture firms   single country   next generation   cohesive way   financial services   next months   advance manufacturing   patient manufacturers   large increases   human resources   industrial partners   governmental level   environmental sustainability   new technologies   constrain capital   contiguous hours   progressive platformization   increase workload   widespread demand   business editor   such phenomena   dominant model   innovative firms   discriminate feature   new consortia   surplus capacity   digital thread   national levels   flat structures   online pickup   fastradius entities   fast changes   select items   complete transaction   interorganizational platformization   collaboration benefit   durable goods   industrial policies   competition laws   distribute approaches   establish retailers   retail sectors   andsupply signals   long conversation   intermediate products   publicprivate partnerships   experience digitalization   bright machines   mid term   different models   leverage innovation   overdue conversation   such stress   digital data   inflexible resources   specific shortages
Actions:   twitter examples   shut them   manage partnerships   involve one   play part   preserve reserves   impede entrants   ascribe demand   publish innovations   involve scaling   build innovation   take responsibility   marry demand   disrupt chains   make distinction   take task   set crisis   liberate firms   invent produce   manufacture products   create shortages   repurpose capacity   include providers   plan return   inform generation   coordinate model   involve capability   display delays   create locations   deliver productservice   capture data   maintain quo   exacerbate inability   face distortions   leverage chains   leverage platforms   address gaps   publish work   rear head   discontinue discounting   disrupt parts   deem collaboration   target requirements   bring change   provide clues   see success   utilize expertise   ask times   ask questions   categorize failures   publish innovation   harness effects   change models   furlough lack   promote lack   create space   monitor products   shape future   pay management   facilitate chains   exemplify type   meet changes   drive innovation   include those   increase capacity   change regulations   require selection   reconfigure models   visit initiative   lack knowledge   fail f   impede scaleup   face others   experience disappearing   enable models   optimize chains   adjust model   capture value   complete transaction   buy pickup   innovate models   use platforms   enable technicians   use g   fit definition   drive https   manage uncertainty   characterize demand   reconfigure technology   execute sickness   distance crowdsourcing   rely models   facilitate transactions   embody concepts   set stage   play role   utilize models   take models   cut costs   understand difference   make experiments   witness failures   win race   create channels   force change   create technologies   visit product   drive transformation   protect interests   adjust changes   offer digitalization   drive imbalance   satisfy demand   provide solution   charge products   dominate markets   enable capability   allow switching   leverage data   detect trends   realize revenues   underwrite liability   support transformation   experience surge   include linkedin   furlough some   create point   describe factors   create layer   produce productservice   order processes   use connectivity   leverage ict   digitize factories   fashion pricing   enable integration   make decisions   lack buffers   change disruption   reduce revenues   revert repurposing   transform industries   advance priorities   remove restrictions   provide supplies   imagine normal   take complexity   witness leaders   create infighting   switch decisions   protect stakeholders   make manufacturing   include supplies   extend functionality   provide healthcare   characterize types   take time   enable collaboration   possess ability   form configuration   lead source   address requirements   take place   create need   create loop   transmit information   win successes   manufacture part   shape investments   use data   notice megatrends   utilize orchestration   reduce orders   involve logistics   affect manner   drive growth   manage infrastructure   create conditions   reduce expenses   reinforce one   find themselves   provide guarantees   facilitate access   deliver part   create failures   highlight need   blur 21   label which   engage business   create source   distribute models   create demand   deplete reserves   keep lockdowns   charge fees   adapt companies   remoteworking platforms   support scaleup   demand digitalization   leverage capabilities   use production   find sources   include relationships   exist markets   deliver examples   operate models   link design   leverage knowhow   create customers   transition initiatives   leverage firms   deploy many   capture process   throw some   support provision   provide roadmap   summary shock   face issues   order heuristics   create avalanche   see scramble   pick trends   transform it   diversify suppliers   relax laws   face possibilities   manage demand   exploit data   connect supply   improve state   do systems   promote hiring   shape models   recognize importance   reach users   reconfigure repurposing   create value   address resolution   include manufacturers   reserve part   adjust source   see demand   take percentage   furlough sickness   win failures   answer some   add layers   reconfigure capability   support operations   make products   fashion model   furlough reason   see adoption   deploy solutions   make investments   blur manufacturing   support network   reconfigure chain   affect models   face stockouts   gap platforms   thrive factors   create needs   identify drivers   reach end   win digitalization   leverage call   revert ventilator   overwhelm them   add diagnostics   manage markets   embrace ways   liberate companies   demonstrate degrees   meet demand   flip models   reshoring parts   distance requirements   discover ways   create pressure   launch initiatives   demonstrate responsiveness   foster sense   make efforts   report shortages   change structure   cite paper   distribute supplies   shut demand   shape agendas   demand firms   dismantle models   match supply   shed light   observe number   leverage technologies   enable production   enable connectivity   address shortages   involve benefit   develop capital   reduce costs   repurposing capacity   fit models   spark innovation   process services   accelerate recovery   represent form   meet surges   explore models   access suppliers   place stress   deliver value   utilize seeds   add work   develop partnerships   provide alternatives   need failures   provide visibility   do everything
This section lists the details about pathway-specific attributes.