Derivation of Action Recommendations Based On Future Value Creation Scenarios in Mechanical Engineering

The influence of rising volatility and individualization on value generation is significant, resulting in a complicated and interconnected organisational environment. The ability to predict future changes has become a critical success component . This research uses the scenario approach to develop future scenarios for value creation in the mechanical engineering setting, with an emphasis on innovation leadership, differentiation through partnerships, and hardware supplier status. Mechanical engineering professionals then assess the consistency and determine suitable action alternatives. The findings not only help practitioners comprehend future value creation, but they also encourage scientists to perform more study on how to include futurology into strategy research. Future Value Creation Scenarios in Mechanical Engineering - Derivation of Action Recommendations.