CTO Straight Talk Issue 4 - 40

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BUILDING A
BETTER AND
CHEAPER
PRODUCT
It's incredibly hard, but so
important, to differentiate
yourself in advanced technology.
Our life-saving technologies are
seemingly priceless. However, the
market wants not only the best
capabilities and performance, but
also lower prices. So we also need
technology that will enable us to be as
productive as we can be.
Today, 70 percent of our sales come from product categories
where we are the leading supplier. We want to increase that
to 80 percent. To do that, we must continue to work with our
customers, understanding their needs, and utilizing MPS and
M4 to enable our clear vision of " Enabling the Extraordinary:
To Fly; To Power; To Live. " Our three core values-Teamwork,
Integrity, Excellence-underpin our vision, bringing our teams
together to research, develop and produce some of the best
solutions available.

TAKEAWAYS
* Designing high-performance products that will be viable decades
into the future is part science and part art, requiring the input of those
who are close to the customer and those who are close to the technology.
* An enterprise-wide set of production tools and rules, based on lean
methodology, not only streamlines work but also maximizes performance
and creativity from the factory floor to the C-suite.
* In the connected factory of the future, the human workforce will be
surrounded by such digital technology as adaptable, intelligent work
benches; autonomous intelligent vehicles to provide sub-assemblies and
component parts; and digital work instructions and smart tools.

40



CTO Straight Talk Issue 4

Table of Contents for the Digital Edition of CTO Straight Talk Issue 4

Contents
CTO Straight Talk Issue 4 - Cover1
CTO Straight Talk Issue 4 - Cover2
CTO Straight Talk Issue 4 - 1
CTO Straight Talk Issue 4 - Contents
CTO Straight Talk Issue 4 - 3
CTO Straight Talk Issue 4 - 4
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CTO Straight Talk Issue 4 - Cover4
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