Toby Steinhäusler

Many industrial companies are currently developing their consistent transformation plan for embedding GenAI throughout their research & development, procurement, and production processes. In our upcoming webinar “How to Maximize Gen AI Impact on Operations for Industrial Companies?”, my colleagues Simon Schnurrer and Claus Herbolzheimer will share their expertise on industry trends and how GenAI is transforming core operational functions.  Join us on Tuesday, 25th of June, at 4.00 p.m. CEST to unlock value for your business.  Register here > https://owy.mn/4aL1R2X #GenAI #Industrialproducts #Webinar

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What will it take to accelerate Germany's energy transition? My colleague Fabian Billing sat down with Leo Birnbaum, CEO of E.ON, to discuss how to overcome bottlenecks, unleash momentum, and create opportunities for investment, productivity, and innovation. Read their full conversation here: https://lnkd.in/dqbVdKZ8 #EnergyTransition #Innovation #Sustainability #McKinsey #LeadersPerspectives

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Improvements to AI safety and reliability are on the horizon. ⛅ According to our colleague Derrick Magdefrau, a new Anthropic study on interpretability showed evidence that large language models can be refined by “steering” the system away from certain behaviors when asked about a particular topic or concept. And when we say “certain behaviors,” we mean really bad ones. Get more insight on Anthropic’s research via Derrick, and join the conversation, here: https://ow.ly/5pRj50Stg9i #AI #MachineLearning #Innovation #Safety

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Practical insights on how big companies can utilize AI…. Thank you Elliott Parker for putting this framework together.

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🔍 Reflecting on US Manufacturing: The Cautionary Tale of GE Under Jack Welch 🏭 In the 90s, Jack Welch transformed GE with aggressive cost-cutting and a focus on short-term profits, epitomizing the era's corporate ethos. Greg Satell's article, 'Why GE's Incredible Turnaround Could Be A Sign of The Times,' provides valuable insights into how Jack Welch's approach nearly led to GE's downfall. Welch's financializing operations and outsourcing manufacturing strategy not only undermined GE's long-term innovation and stability but also contributed to a broader decline in US manufacturing dynamism. As we witness GE's recent efforts to refocus and stabilize, it's a stark reminder of the importance of sustainable practices and innovation in manufacturing. Let's learn from the past to build a more resilient future. How widespread is Jack Welch's shareholder fundamentalism today? Have you seen evidence that senior leaders continue to make short term decisions that undermine the future? Accelery, Inc. #Manufacturing #BusinessStrategy #GE #Innovation ♻ Repost if you found this helpful and follow me, Lenwood M. Ross, for help solving your organization's most complex problems.

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Despite all the clear benefits that digital and AI can deliver on the #shopfloor, most #manufacturers are not realizing the full potential of this opportunity. Read our latest article including my friends and colleagues John Knapp and Kasey Phillips, Ph.D. to learn how #manufacturers can achieve higher levels of efficiency and keep pace with the ever-accelerating changes in the business landscape.   https://lnkd.in/eA2yBH72

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Scientific breakthroughs are reshaping our lives at a breakneck pace -- A.I., drones,, genetic manipulation, digital payment, robots, cyber threats, deep-fake technology, and much more. This is exacerbating the problems that arise when many people do not understand or mistrust science. Professional communicators are on the front lines when popular understanding and science collide in areas of policy and regulation. My colleague, Lori Teranishi, share her perspective on this in this Page society blog.

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Sixty-five percent of energy consumers know how to start making sustainable energy choices, but 70% say they will not spend more time or money doing so. Here are three ways to close the gap. https://ow.ly/hvft30sEEqv #EYCanada #BetterWorkingWorld

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“…Right now, nobody - from consultants to typical software vendors - has universal answers about how to use #AI to unlock new opportunities in any particular industry. Companies that turn to centralized solutions run as typical IT projects are therefore unlikely to find breakthrough ideas, at least not yet. They first need to understand the value of #AI in order to use it…. there is no reason to suspect that the IT department has the best AI prompters, nor that it has any particular insight into the best uses of AI inside an organization. IT certainly plays a role, but the actual use cases will come from workers and managers who find opportunities to use AI to help them with their job. In fact, for large companies, the source of any real advantage in AI will come from the expertise of their employees, which is needed to unlock the expertise latent in AI….” from latest blog of Ethan Mollick #management #innovation

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As heavy industries struggle to decarbonize at the required pace, utilities have a unique opportunity to step up and drive the transition to a low-carbon economy. Accenture's Scott Tinkler shares three strategies that utilities can implement to help unlock the opportunity of industrial decarbonization. Read the Energy Central article here: https://accntu.re/43KfQEu #Utilities #Decarbonization #NetZero

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It was amazing to reconnect with old friends, colleagues, and world-leading experts to reflect on designing autonomous and anti-fragile supply chains. #AI was mentioned so frequently that it almost felt like a pop-up ad, but unlike spam, it's genuinely transformative! And those who think differently are already lagging behind. Stay tuned for a few observations to prove that. #EYSupplyChain #AI #GartnerSC Matthew Burton, Jocelyn Hallum, Heiko Kahrels, Gustav Mauer, Tom Van Herzele, Michael Bick, Bestin Thomas, Ivan Küttel #EYSupplyChain #AI #GartnerSC Matthew Burton, Jocelyn Hallum Heiko Kahrels Gustav Mauer Tom Van Herzele Michael Bick Bestin Thomas Ivan Küttel Yugesh Aglawe

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In today’s episode of The Difference Engine podcast, Paul Maher and I peer down our microscope to discover the unintended consequences for Category success – or lack of it - of thinking small. We also look at and learn how the arrival of commercial AI is changing the design of every Category blueprint. We take some lessons from tech history - and Microsoft and Nokia - about what happens when tech M&A collides Categories in an attempt at innovation. Finally, we consider whether electric vehicles are just an upgrade to internal combustion engine vehicles or have the features of a brand-new Category. It’s all about the ecosystem. Click the link in the comments to listen to Episode 19 👇 #category #categorydesign #categorycreation #evs #electricvehicles #ecosystems #mergers #acqusitions #tech #technology #mergersandacqusitions #blueprint #strategy #nokia #microsoft #AI #artificialintelligence #innovation #techpodcast #podcast

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Integrating lean, digital, and #AI at scale is not an easy journey. Depending on the starting point and culture, #manufacturers will face challenges. These include change resistance, gaps in digital literacy, and the inherent complexities of integrating new technologies.​ To achieve value at scale, BCG has developed an implementation approach that focuses on the 70/20/10 rule: dedicate 70% of the effort to people and business transformation, 20% to the data and technology backbone, and 10% to algorithms. Learn more in the latest article by BCG Ops: https://lnkd.in/eSfTybPm​  

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EY’s Alison Clark's perspective on leading with AI in advanced manufacturing is enlightening. Her podcast episode of 'Advanced Manufacturing and Mobility Business Minute' is a must for industry leaders seeking growth and innovation. You may tune in to discover the challenges and the five key initiatives for successful AI integration. #AdvancedManufacturing #Innovation #ArtificialIntelligence

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While AI and Generative AI have many applications but the ones that fascinate me the most are - 1) Augmentation to Human Capability - Exponentially! 2) Making the world a better place to live - Sustainability, Environment, Better distribution of public goods such as education, health 3) Scientific Innovation. A good example of how innovation in material sciences below - This approach harnesses the scientific and digital integration of materials at the atomic level, leveraging vast #data to optimize properties, performance, and manufacturing processes, to usher in a new era of innovation in semiconductor technology #semiconductors #AI #GenAI

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