The Edge Malaysia
In his guest column for The Edge Malaysia, BCG’s Dave Sivaprasad writes about the organisation of the future: ‘bionic’ companies.
Transformations like the Fourth Industrial Revolution are not without precedent. Electricity represented an amazing opportunity for early 20th century industry, but it was not one which organisations were positioned to adopt. It took half a century for manufacturing to widely adapt to a production line process that was equipped to fit this new, flexible power. The Bionic Company points to the world facing a similar inflexion point in the Fourth Industrial Revolution. The technology exists, but most organisations are not ready to fully realise its potential.