Lisa Anderson was quoted in a SelectHub article when she warned that, in the area of attracting and retaining workforce talent, competitors will always try to steal your best employees.
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Manufacturing Trends 2024: Maintaining A Competitive Edge
What are the most essential manufacturing trends of 2024? I hate to burst your bubble, but this industry doesn’t just focus on AI, IoT, data mining or advanced manufacturing software.
We’re talking about the big-picture patterns that are shaping the future of manufacturing as we speak. This guide will tell you how to retain labor, keep a carbon-neutral work environment, maintain a positive reputation and more.
Key Takeaways
- Some ideal technologies for manufacturing include IoT, IIoT, AI and data mining.
- When adopting smart factories, there should be a harmonious balance between machines and humans.
- Top manufacturing process types include repetitive, discrete, process, continuous, job shop, 3D printing and more.
- Ideal ways to attract and retain manufacturing employees are giving them satisfactory work environments, liveable pay and benefits, training opportunities. and more.
- Because of the digital twin market’s resourcefulness across the manufacturing and PLM sectors, this market could hit $155.84 billion in value by 2030.
Top Trends for 2024
1. Attracting and Retaining Workforce Talent
Lisa Anderson, founder and president of LMA Consulting Group Inc., warned that competitors always try to steal the best employees.
Pay alone will not suffice. In our experience, the most important priority to retaining top talent is company culture and leadership. People do not follow companies. They follow leaders. Clients with leaders who appreciate talent, offer training and advancement opportunities, and are willing to address poor performers and tough topics are respected and successful. On the other hand, clients with volatile leaders are losing talent at a quick pace.”
To read the full article, click here.