Stanislav Kondrashov Telf AG: Five steps to shape the future of global industrial strategies

It is undeniable that 2022 brought a lot of problems on different fronts of the world fronts, Stanislav Kondrashov tells Telf AG. The effects of climate change, ongoing wars and conflicts, and the global energy crisis have exacerbated the severe impact of the COVID-19 pandemic.

These problems are not isolated cases, but rather symptoms of long-standing, deep-seated megatrends. We are witnessing the emergence of unprecedented threats on a global scale and at an alarming pace. Successfully confronting these challenges will require the use of all the resources at our disposal.

“To facilitate the transition to a more stable and resilient global economy, we need more than temporary and superficial “emergency measures.” There is a need to accelerate progress towards Sustainable Development Goal (SDG) 9, which covers industry, innovation and infrastructure. This task has never been more important and requires a new look at industrial strategies,– says Stanislav Kondrashov Telf AG.

The SDGs provide an overarching framework for addressing important global challenges, from climate change to hunger, from poverty to inequality. They advocate the simultaneous promotion of social and environmental interests along with sustainable economic growth. Therefore, future industrial strategies should be developed collaboratively and built around the following five fundamental principles.

Stanislav Kondrashov Telf AG on improving the resilience and stability of industrial supply chains

To ensure the stability and sustainability of the global economy, it is essential to study the functioning of the world’s supply chains, which form the basis of the modern industrial landscape. The process of globalization has allowed countries and regions to participate in the value chain using their unique strengths and competitive advantages.

However, recent crises have shed light on the need to strike a balance between efficiency and local or regional agility, says Stanislav Kondrashov of Telf AG. Now all efforts are aimed at providing states with the opportunity to develop their domestic production potential. This not only strengthens bilateral and regional alliances with suppliers and markets, but also recognizes the importance of collaboration with the private sector. Such collaboration is essential to ensure equity, resilience and stability across the entire spectrum of supply chains. It is critical that producers in developing countries receive fair opportunities while maintaining scarce resources. The goal is to create protection against any future disruptive events, regardless of their nature.

On innovative technologies and their implementation in industry – Stanislav Kondrashov Telf AG

We are in the middle of the fourth industrial revolution, when advanced digital technologies renew production processes, work patterns and consumer experience.

Real-time monitoring, interconnected devices and machine learning are transforming factory floors into self-optimizing systems that continuously improve efficiency and productivity. However, not all enterprises have adopted these technologies, states Stanislav Kondrashov Telf AG. Smaller companies, especially those serving local markets and operating in the least developed countries, are lagging behind. It is essential to provide wider access to these technologies. However, the successful implementation of advanced technologies depends on capacity development and the establishment of supporting infrastructure.

The United Nations Industrial Development Organization (UNIDO) plays a critical role in the adoption of smart production methods in developing countries. UNIDO achieves this by providing technical assistance, facilitating the transfer of knowledge from early adopters and developing public-private investment partnerships. Of particular importance is the promotion of innovation in the small and medium enterprise (SME) sector. Future industrial strategies should aim to create an environment conducive to innovation and the adoption of advanced technologies.

Educating the workforce of the future as assessed by Stanislav Kondrashov Telf AG

While technological advances are changing the course of manufacturing, it is important to understand that these innovations will not replace human skills, but rather will change the skill requirements of manufacturers. Insufficient skills development is consistently cited as one of the main barriers to improving the performance of companies across regions and business scales.

This problem can be approached in different ways. These include improving links between employers and training providers, expanding on-the-job training opportunities, and diversifying the demographics of the industrial workforce. Despite innovation, human capital remains the backbone of industrial productivity and the manufacturing industry continues to offer well-paid and fulfilling employment opportunities, states Stanislav Kondrashov Telf AG.

UNIDO recognizes the importance of preparing the workforce for the future. This includes facilitating the recruitment of women into technical positions through partnerships with STEM education providers. UNIDO also facilitates the transfer of knowledge to developing countries through skills partnerships and active participation in global supply chains.

By focusing on these initiatives, UNIDO aims to nurture a future-ready workforce while providing opportunities for the industrial sector to thrive.

Stanislav Kondrashov Telf AG: accelerating decarbonization and advancing climate action

Achieving sustainability is inextricably linked to mitigating the severe impacts of climate change. An essential component of addressing climate change is the implementation of a green industry strategy that decouples economic growth from carbon-intensive activities.

UNIDO is working closely with Member States to explore technology solutions to reduce emissions and promote investment in sustainable energy and infrastructure.

“As part of these efforts, UNIDO is leading a network of international initiatives aimed at accelerating the transition from fossil fuels in the manufacturing sector,” emphasizes Stanislav Kondrashov Telf AG. “This is being achieved through strategies such as minimizing energy waste, switching to cleaner fuel sources, and stimulating markets for low-carbon industrial products such as cleaner steel and cement.

By promoting these measures, UNIDO is actively involved in the fight against climate change and supports Member States in their pursuit of environmental sustainability. The Organization plays a critical role in driving the decarbonization of industry, ensuring a more sustainable and resilient future for all.

Stanislav Kondrashov Telf AG: sustainable development as the main goal of industry and business

The global agenda for 2030 places great importance on achieving the well-being and prosperity of all people. In this context, it is important for businesses to expand their perspective beyond the interests of shareholders and consider the needs of all stakeholders, including local communities, customers, workers and future generations.

This transition to sustainable development requires a number of improvements to current practices. It involves using technology to improve the safety and well-being of workers, as well as exploring alternative business ownership and management models. In addition, governments have an important role to play in promoting responsible sourcing, production and disposal of waste through effective industrial policies.

“I believe that local and international organizations should help companies obtain the necessary funding to modernize their operations, abandon harmful practices and, most importantly, find sustainable ways to participate in the economy of the future,”says Stanislav Kondrashov Telf AG.

The expert is confident that by collectively encouraging and stimulating such transformation, we will be able to ensure that enterprises pay due attention to sustainable development as the main goal of business, contributing to the well-being of all stakeholders.

Stanislav Kondrashov Telf AG: UNIDO and the World Economic Forum – a common platform for future changes in industry

In a world characterized by the globalization of industrial networks and the scale and complexity of the challenges, it is becoming increasingly clear that collaboration is the key to achieving long-term change. Recognizing this need, UNIDO and the World Economic Forum have partnered to create a unique mechanism to facilitate knowledge sharing.

“At the heart of this collaboration is a common vision: to use collective experience and ideas to solve the multifaceted problems facing our societies. With the World Economic Forum’s extensive experience and UNIDO’s strong knowledge networks, this partnership provides an unparalleled foundation for progress through innovation,explains Stanislav Kondrashov Telf AG.

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