No sector is under as much pressure as manufacturing. Even day-to-day survival is an issue for many firms in industrialized countries. There is constant pressure from developing countries that enjoy lower cost bases. And whilst commodities get more expensive and price competition intensifies, firms must grapple with more sophisticated, complex technologies.
Successfully responding to globalization requires manufacturing companies to find new ways of doing business, from launching operations in low-cost countries, to developing new technologies and products, to organizing and performing work in new ways.
This creates daunting management challenges that Hay Group’s services are designed specifically to address.
We help many of the world’s leading manufacturers, from Ford and Toyota to Deere & Co and Caterpillar Inc, to: