uncertainty

Increasing market volatility and uncertainty require manufacturing companies to adapt their operations model to a substantially changing environment. The orientation towards agility can be seen as a key to success in such a situation. To achieve agility for an organization it is necessary to address four distinct dimensions of agility. A company oriented towards lean production tries to optimize one variable at a time. However, to become agile it is required to address two variables simultaneously. This article outlines current challenges for industrial organizations and points out possible solutions.

The article argues that there is the internationalization of products and capital-orientated market financialization exits a stress ratio. The quantifying logic of capital-orientated market forms of control abstracts from qualitative criteria which may destabilize the innovative ability of enterprises. Therefore a more efficient regulation of the capital market is required to stabilize international networks of production.