There are many forces driving change within the business world: the threat of globalization, escalating costs, shorter product lifecycles, quicker time to market, environmental policies and compliance with governmental legislation.
In an effort to maintain their market share and profitability, or in some cases just to survive, many organizations are seeking alternative methods of operation and have become far more open to implementing different practices; and few practices have proven as valuable in this new climate than project driven business. The principles behind project-based business practices, which until recently were strictly the domain of industries with a long tradition of running highly complex projects such as aerospace manufacturing, are now being embraced and applied to businesses ranging from manufacturing to services. This whitepaper discusses the megatrends driving this change, what it means for industrial companies.
To find out more, download this whitepaper from IFS.
