Nowadays, innovations, new technologies, ideas, and business models emerge in quick succession everywhere. Facing this fast-changing situation, what and how should we re-position ourselves?
As a product or service provider, what’s your company strategy? Short-term survival or longterm development? What’s your tactic plan? Specialisation or diversification? Market segmentation or industrial upgrading? Have you been being able to keep up with end-user’s expectations meanwhile turning it into your own driven force? In short, it matters to every provider to think about these three philosophical problems, who are you? Where are you from? What direction will you go next?
As a product or service receiver, what’s at your first consideration among all important factors, such as reliability, creativity, total cost, lead time, globalisation, localisation, fast response, etc.? Are you also looking for new values from the market? Are there any potential providers to meet your demand?
Above all, there is no doubt that “added value” will always be of interest to all stakeholders. We should strive to develop a positive attitude toward the sound development of the Asian, and especially the Chinese market. On the other hand, when seeing a complex market situation, we should not only consider one part if the whole but consider it holistically. One can only have sufficient understanding inside and outside through joint discussion of the industries value chain distribution, “Stay hunry , stay foolish”, can we open the new area of “Industry 4.0” underpinned by intelligent manufacturing.
On behalf of the steering committee of the 3rd Fugitive Emissions Summit China and the 1st Managing Aging Plants Summit China, I am looking forward to listening to your opinions and ideas about “added value”. See you in 2020.
BASF (China) Co.,Ltd.