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The mechanical- and plant-engineering industry has weathered shifting business conditions in the last decade: first the growth boom, then the financial crisis in 2008, and now the current economic recovery. It is time to contemplate the changes that have occurred as well as to look ahead to the challenges that will arise in the coming years. The new Oliver Wyman study “Manufacturing 2015” reveals that the factors that lead to success have changed, and contends that business models and management systems must respond in kind to generate future profitable growth.
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