Finding business opportunities and market share is highly challenging in this VUCA world. Building relations with prospective authorities is equally important.
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We offer two days unique and exclusive workshop on Industry 4.0: Economic Engineering and Econometrics. Industry 4.0 is more about scaling productivity through business analysis, business intelligence and decision intelligence than technological advancement. Tools of AI facilitates huge data which need to be analysed. Knowing on what operational economic parameters, how it improves productivity and profitability means taking forward organizations to sustainable paradigm. Modern theories of firm strategy integrated with analytics has yielded little to no result. Industrial underperformance continues. Lean principles aim at improving productivity, but, the desired result of high productivity and profitability can only be achieved through measurement and control of microeconomic factors using mathematics and statistics striking balance and creating synergy between factors of production and all costs. The efficiency of Productivity analysis lies on the availability of data from various sources which Industry 4.0 environment ensures and hence its importance under new normal. Profitability, under VUCA world, can no more be incidental to production or operation, it has to be derived out of operation for its vastness and growth.
While whole world is busy focussing technological aspect of business, we through our unique and exclusive program focus in the business aspect developing required organizational capabilities.