As we approach the end of 2024, we examine the five critical trends shaping the manufacturing industry in the year ahead. Even with all the progress made this year, the new year won’t be met without its challenges.
CEOs and senior executives sometimes struggle to fully immerse themselves in the latest trends as there is too much change to stay on top of. However, to define the most appropriate business strategy, leaders must dive into the details. Preparing for 2025 should involve careful consideration, deep thinking, and stakeholder engagement to ensure the entire executive team is clear on the year’s future direction as the sector transitions from Industry 4.0 to 5.0.
As 2025 nears, CEOs must strategise, formulate a robust plan, and be ready to get their hands dirty to ensure their company is future-proof and prepared for introducing more disruptive technology, such as agentic AI and the metaverse, to remain ahead of their peers. The new year will be full of challenges and obstacles, but as Thomas Edison said, “Good fortune is what happens when opportunity meets with planning.”