Servitization: Back on Track and Moving Forward

Posted: 03/05/2024

Feeling stuck in a servitization stop-and-start cycle? You’re not alone. Many industrial firms struggle with maintaining momentum, facing internal resistance and losing sight of their progress.

But fear not! Here’s how to get back on the servitization fast track:

  1. Shared language and vision: Aligning all stakeholders with a clear vision for servitization is crucial. This vision should outline the value for you and your customers and the desired future state of your company as a provider of advanced services. An effective way of achieving this is creating your ‘Service-led Business Model Blueprint’
  2. Routeplan: Having a concrete routeplan will ensure momentum and concrete next steps for your servitization journey. This routeplan should be based on successful examples from other companies, highlighting the key steps and milestones involved. Find out more about successful servitization journeys in the minguide ‘Experiencing Servitization’
  3. Ongoing Support: Building your internal coalition and learning from other pioneering firms can significantly accelerate your progress. Lean on their expertise to help you navigate challenges, develop a clear agenda and implement effective strategies.

Ready to get back on track?

Visit our website to:

  • Access our transformation roadmap, showcasing how successful companies have achieved their goals.
  • Check out our latest book, packed with practical advice and actionable steps to guide your servitization journey.
  • Book a free call with one of our Servitization experts

Don’t let your servitization efforts stall. Take action today and see your company thrive.