By 2018, IMI, an industrial-era organisation with a proud 160-year heritage, was looking to generate extraordinary growth. Annemie Ress and I proposed that by embracing the future now and experimental mindsets, its leaders could unlock a new type of customer engagement and accelerate the development of differentiated products and new revenue five to ten times faster than industry norms. As these mindsets have started to take root, a remarkable transformation has begun.
IMI is a global engineering company, with over 10,000 employees, operating in 50 countries, that designs and manufacturers some of the most complex fluid and motion-control technologies on the planet, ranging from applications in nuclear power plants and submarines, scaling hydrogen production, to artificial intelligence-driven factory automation and highly sophisticated commercial heating systems.
The integrity of its value today capabilities was ably demonstrated during the Covid pandemic when, as one of only two manufacturers in the world who produced the incredibly precise valve controls necessary for life-saving ventilators, IMI stepped up production tenfold in a matter of weeks, helping to save thousands ...
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