Since the first Industrial Revolution in 1760, which introduced the steam engine, electricity, and engineered automation, we’ve seen continuous advancements in manufacturing and technology. Today, the rise of digital technology is driving the search for leaders who can stay ahead in a tech-driven marketplace.
Businesses are now seeking leaders for nontraditional roles in manufacturing, who understand the profound effect of advanced technology. Solutions like Internet of Things (IoT), machine learning, big data and analytics, digital twins, and advanced robotics are creating a smart technology ecosystem that enhances business strength and efficiency.
Industry 4.0 is accelerating the future of manufacturing and connectivity. It’s now a $130 billion industry, projected to triple in revenue by 2030, with a 20% compound annual growth rate. The Asia-Pacific region is leading the market due to low-cost development, continuous technological advancements, rising adoption of robotics, and strong government support.
How does this affect talent and leadership acquisition?
Forward-thinking: As companies are looking to upscale their leadership capabilities, leaders will need to reskill or upskill their tool kits to keep up with this fast-paced, changing environment. Employers are seeking forward-thinking leaders who recognize the digital era’s rapid evolution and stay ahead of industry trends. These leaders combine technical expertise with strategic vision and a commitment to continuous learning and meaningful societal contributions.
Global Food and Beverage Manufacturer
A newly acquired, fast-growing $300 million food and beverage company that was committed to making high-quality food options widely available partnered with DHR Global to recruit a new Vice President of research and development (R&D) to lead innovation.
The selected leader has a rare blend of culinary expertise and food science knowledge. This strategic hire is charged with advanced product innovation and modernizing manufacturing technologies and processes, all while upholding the company’s high standards for quality. The VP of R&D will lead the development of new products and enhancements to existing ones, helping the company meet changing customer needs and maintain a competitive edge in the market.
Entrepreneurial and Agile: Business leaders who are entrepreneurial and open to taking risks are in growing demand. Agility and a willingness to collaborate across functions and divisions will position executives as valuable resources within their organizations.
Global Mindset: With the worldwide effects of Industry 4.0, leaders must adopt a broad perspective and manage diverse teams effectively across regions. They need to stay attuned to global market trends and cultural nuances to navigate complex, interconnected markets.
Digitally Literate: As technology evolves, leaders must embrace digital literacy across all functions to strengthen their companies’ platforms. This includes adopting technologies that accelerate and streamline processes, such as integrating co-bots, humans, and robots on the manufacturing floor. Leaders must also understand advanced technologies like IoT, artificial intelligence (AI), and big data, while honing strategic thinking, problem-solving, and interpersonal skills.
Ceilings and Walls Manufacturer
Exploring new sources of revenue, a $1.2 billion ceilings and walls manufacturer made the strategic decision to sell products online, directly to consumers. The company established a dedicated e-commerce division, allowing consumers and small businesses to purchase materials directly from the manufacturer. It also introduced online support services for customers who may need assistance if projects become too complex.
In partnership with DHR Global, the company appointed a head of e-commerce to build a team of technologists and digital marketers, working collaboratively with other business units to expand the company’s digital presence and product catalog.
Talent-Oriented: Leaders who prioritize developing their teams’ skills to keep pace with technological change will position their organizations for long-term success. This includes creating a culture of continuous learning and providing opportunities for upskilling and reskilling across the workforce.
Global Building Materials Distributor
A $22 billion company launched a multimillion-dollar, enterprisewide initiative to modernize business operations – from the back office to the frontline – through advanced technology. As part of this effort, the company implemented a new enterprise resource planning system to automate processes across all areas of the business.
Following a partnership with DHR Global, the company appointed a transformation executive to lead and manage this initiative over a three- to five-year period.
Looking Ahead
While Industry 4.0 offers immense potential for transforming manufacturing, global trade challenges may increase costs, disrupt supply chains, and reduce investment in new technologies. To stay competitive amid market uncertainty, companies need leaders who champion growth, workforce development, operational efficiency, and digital transformation. DHR Global welcomes the opportunity to discuss your Industry 4.0 leadership needs and help you navigate evolving talent opportunities and challenges.
Meet the Experts
Sarah Becker
Partner, Jobplex
Sarah serves as Partner in the Private Equity and Consumer & Retail practice groups and is based in the firm’s Charlotte office. As an executive search consultant who can translate business needs into talent solutions, Sarah helps private equity, consumer & retail organizations and healthcare services recruit for key leadership roles with a focus on behavioral and cultural fit.
Megan Feeney
Partner, Industrial
Megan is a Partner in the firm’s Chicago office and a member of DHR’s Industrial and Human Resources Practice Groups. With more than 25 years of experience in Human Resources leadership and executive search, Megan is an accomplished talent advisor and problem solver, with a robust and entrepreneurial background.