Global economic growth has been declining for 50 years, but this discouraging slide may soon be stopped in a surprising way: a new manufacturing revolution.
Historically, times of significant economic expansion have been linked to large manufacturing revolutions - think steam engines, automobiles and high technology. After years of decline in global economic growth, Oliver Scalabre, an industrial systems expert, believes there’s a fourth manufacturing revolution on the horizon that holds the promise of global revitalization by bringing together existing manufacturing with large scale technological innovation. Watch this fascinating TED Talk, recorded May, 2016 at TED/BCG Paris, to get a fresh perspective on how major technologies are being incorporated into manufacturing arenas and increasing industrial productivity big time - fueling growth and producing smarter, better products.
Speaker: Olivier Scalabre
Olivier Scalabre, an industrial systems thinker, leads BCG’s Operations Practice for North Africa, Western Europe and South America. He has worked in both emerging and mature markets. Most recently, Scalabre started the BCG Ops Center serving regions around Sao Paolo, London and Paris where he and a team of experts focus on supply chain, manufacturing, procurement and service operations across industries.
About TED Tuesdays
Much of the success that Business Solution Partners enjoys can be directly attributed to the insatiable drive of our consultants to learn and grow through continuing education. To stay abreast of the latest developments in business and finance, we look to though-leaders, mentors and disruptors that are shaping the future of industry. TED talks are an amazing resource that we want to share with you, our clients and friends. Come back to our blog every Tuesday for another phenomenal video from the world's brightest minds in finance and business.