Every healthy economy needs a strong, competitive, and relevant industrial base. Our world talks digital, collaborative, mobile, and asset-light, but has never depended so much on excellent companies to manufacture and deliver products in specs, on budget, on time.
Why is it then that excellent industrial companies are not in the spotlight as often as Google, Facebook or Twitter?On the one hand, unfortunately, some B2B industrial sectors lack glamour to the general public; on the other hand, industrial managers are oftentimes reluctant to show a high profile in the media. Yet the world is (fortunately) plagued by hidden industrial champions that innovate, export, make money, reinvest profits… and start over again. For this, they deserve more recognition, and this is what a bunch of business schools –including AESE and IESE— try to achieve with the Industrial Excellence Award, a European-wide initiative that, after running for over ten years now in Spain, has just made it to Portugal for the first time this year.
Because of this award, we have had the opportunity to visit the factories, evaluate the strategies, and interview the top management teams of dozens of excellent industrial companies accounting for over 2.5% of Spain’s GDP. During the session, we will review their common traits, decoding the “DNA” of these industrial champions. We will do this by using a number of practical, down-to-earth examples that I hope can inspire you in the challenges you have ahead in your companies.