Asset intensive industries rely on multiple interdependencies and coordinated decisions across the whole supply chains. There is an ongoing balance & often compromise between short term & longer-term goals which starts in the boardroom and trickles down. Incentives drive behaviours, and therefore, misalignment can create predictable challenges in the enterprise or broader business. The most common of these predictable misalignments can occur when the following scenarios play out;

• Executives chasing quarterly or short term incentives to please shareholders vs laying the foundation for longer term success.
• Economics of the day - short term cost cutting vs longer term asset health.
• Conflicting KPIs between supply chain functions. For example operations (production) and maintenance (downtime).
• Sites trying to optimise their own metrics at the expense of broader system performance improvements.

In this interactive discussion panel we’ll examine:

• incentives that play a role in smoothing out these competing forces
• good test cases where sound incentive structures bring people, process and technology into alignment
• tips to ensure better change management overcoming technology adoption