Industrial incumbents in Europe are hellbent to turn global megatrends and challenges – including digitization -  into opportunities.

To succeed in the age of digitization, management teams need the following:
 

• Enough reflection time to focus on the industrial core competences - avoiding distractions.
   

• Openness, imagination regarding digital opportunities and threats – a clear vision of possibilities.
   

• Down-to-earth “translation work” of leading-edge digital technologies into industrial products, services and processes.
   

• Attract “digital native” talents while not losing the dedication of the traditionally skilled collaborators.
   

• Digitize their companies with minimized risk, optimum speed and from a customer (outside in) perspective.
   

• Confidently assure themselves and prove to their customers that the incumbents - and not their startup challengers – will continue to set the pace in the market.