Learn from the transformative journey at ABB’s champion Smart Power, a $5 billion revenue division predominantly engaged in the electrification industry. Discover a paradigm shift driven by a pursuit of employee happiness and fostering entrepreneurial spirit. This talk explores the agile transformation targeting R&D, product management, and market development, impacting about 1,000 individuals with a focus on hardware product development.

Before the transformation, the division faced following challenges:

• Lack of common purpose for PM and R&D

• Prioritization was a challenge

• Transparency was low

• Developments took time

The new organizational structure addresses the needs of a hardware company with a complex manufacturing footprint and global sales networks, empowering teams to autonomously develop new product platforms while maintaining the existing portfolio. Six months into the transformation, there is a notable shift towards outcome thinking, market need coverage, and employee satisfaction, demonstrating that agility is beneficial beyond software firms. This session is ideal for R&D and Manufacturing leaders interested in innovative organizational transformation and employee empowerment.