Technology Magazine October 2024 | Page 158

NAVIGATING THE SHIFT : THE EIGHT PILLARS OF TRANSFORMATION
In the quest for innovation and adaptability , companies often find themselves at a crossroads between their established methods and the evolving landscape of technology and consumer demands . For Kardex R & D Department , this journey of transformation wasn ’ t just about embracing change ; it was about redefining their entire approach to product development and organisational culture . It began with a realisation : to thrive in the future , Kardex R & D Department needed to reimagine its entire working model . Two significant models had paved their success , but to shift towards a future driven by product teams and dynamic portfolio exploration and exploitation , a new approach was imperative .
Enter the eight pillars – a comprehensive strategy designed to bridge the gap between legacy systems and future ambitions :
Network Engineering and Development : Embracing humility , Kardex acknowledged the vastness of what they didn ’ t know .
Partnering with external experts became the cornerstone of their evolution .
Speed of Development : Overcoming resource constraints and knowledge gaps required a robust network to tap into expertise and co-create solutions .
Co-creation : Collaborating with diverse teams and organisations offered fresh perspectives , pushing boundaries of innovation .
Software Competence : Recognizing the shifting landscape , Kardex invested heavily in software R & D , acknowledging that machines of the future would be conduits for software innovations .
Digital and Virtual Engineering : Shifting from physical prototyping to virtual simulations accelerated time-to-market and minimised costs .