Setting the scene

What do ER&D intensive firms want?

Firms are pursuing multiple strategic business objectives.

The leading ones are revenue growth, sustainability, optimizing supply chains, reducing costs, and improving products and services.

Companies’ strategic objectives

To deliver these objectives they must make long-term decisions in an environment lacking long-term stability, and shaped by multiple dynamic macro forces.

Supply chain risk and economic pressures rank highest on this list, but several other factors score highly.

What are the main macro forces impacting your industry?

How prepared is your firm to tackle these shocks?

Happily, most firms say they are ‘somewhat prepared’ or better to work in this environment.

This is positive, but leaves room for improvement in a world showing few signs of returning to long-term stability.

What does all this mean for engineering intensive firms and
how are they preparing their organization to thrive?

In this report, we explore the responses of leaders along four strategies driving today’s engineering transformation