The 10th Edition of the 바카라 Business Spotlight - Achievers Awards 2024 shone a well-deserved spotlight on HIL and its commitment to innovation & excellence in the buildings & construction industry. Recognized as the "Legacy Leader in Building Material Solutions," The award was received by its MD & CEO, Akshat Seth. Below are excerpts from a candid interview with Akshat Seth at the awards venue, where he shared insights into HIL라이브 바카라 transformation journey, the pivotal role of technology, and the challenges ahead.
On Driving Transformation
Q: How has HIL contributed to the industry in the past few years? Could you share some highlights?
A: The past two years have been instrumental in driving excellence and transformation that will resonate over the next 10-20 years. Our efforts have centred on creating a forward-looking enterprise that is adaptable to change while fostering a culture of innovation and sustainability. We’ve worked on embedding efficiency and productivity into our processes while maintaining an unwavering focus on delivering high-quality products.
On the Role of Technology in Driving Change
Q: How has technology contributed to HIL라이브 바카라 evolution, and what role does it play in driving industrial change?
A: Technology has been a cornerstone of our transformation journey as we work toward creating a digital-first enterprise. With 32 manufacturing plants across the globe, we have implemented an aggressive manufacturing excellence program. Here, Industry 4.0 technologies are pivotal, enabling us to enhance efficiency, productivity, and product quality.
We’re leveraging advanced digital tools and analytics to foster better engagement within our teams, ensuring a unique and collaborative culture. Our commitment to technology goes beyond operational efficiencies; it라이브 바카라 about driving innovation and staying ahead of the curve in a highly competitive landscape.
On Anticipated Challenges and Plans to Address Them
Q: What challenges does HIL anticipate in the coming years, and how do you plan to address them?
A: The pace of change in today라이브 바카라 world is unprecedented, whether it라이브 바카라 geopolitical shifts, evolving competitive landscapes, or technological advancements. However, the most significant challenge is the rapidly changing consumer preferences. The concept of a 3-5 year strategy is becoming obsolete as adaptability and responsiveness take centre stage.
We are addressing this through several focused themes:
Sustainability and Innovation: Particularly in our European and North American operations, we’re pioneering products like Modular 1, a PVC-free design flooring solution. This product not only reduces environmental impact but also supports sustainable construction practices. These initiatives position us as leaders in offering environmentally responsible building materials.
Consumer Engagement: The construction industry has historically seen minimal engagement with end consumers. However, as the trend of active consumer involvement in space-building grows, we’re aligning our products and services to connect with consumers in real time. This is part of our broader vision of building a consumer-centric organization.
Differentiation Through Innovation: The industry is cluttered, and differentiation is key to standing out. Our focus on a strong innovation pipeline ensures we create unique products and experiences that resonate with our customers. By investing in cutting-edge research and development, we aim to secure our right to win in the years ahead.
Looking Ahead
As Akshat Seth aptly noted during his interview, “Success in the building materials industry hinges on our ability to adapt, innovate, and connect meaningfully with our stakeholders.” With a strategic focus on sustainability, consumer engagement, and innovation, HIL is not just navigating change but leading it. This award is a reflection of the company라이브 바카라 collective efforts and serves as a stepping stone toward even greater achievements in the future.
