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Real-Time Control of the Industrial Enterprise by Walter Boyes, Peter Martin

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Out of Control

THE BUSINESS OF INDUSTRY GETTING OUT OF CONTROL

The business of industry is currently going through a major transformation, which has already been mentioned multiple times. The forces driving industry today may be creating as daunting a challenge to the managers of industrial companies as those of the initial aspects of the original Industrial Revolution. However, unlike the Industrial Revolution, in which the primary forcing functions of the transformation were highly visible: new industrial machinery, the forces behind today’s challenges are much less visible and in many respects much more subtle. A research project undertaken by one of the authors, Dr. Peter G. Martin, over the last 20 years,1 involving approximately two ...

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