Aerospace, Automotive & Defence

Traditional markets for the aerospace, automotive and defence sector are stagnating and leaders in this field are moving to new emerging markets. Major manufacturers are seeing vigorous cost-cutting programmes across their global operations and, in the aerospace segment, defence contracts are being reduced.

Both aerospace and automotive products are highly complex, requiring significant engineering, manufacturing and supply chain management capabilities. Market fluctuations and digital innovations are transforming traditional practices, with smart mobility and regulatory change such as more rigorous emission standards.

The aerospace, automotive and defence sector demands outstanding leadership talent. With the advancement into the digital age, senior leaders in the sector are expected to be change leaders as well as solid builders of agile organisations that will respond to market forces and regulatory changes at speed.

Agility is a top change management challenge for many companies in this segment as they have developed set process and procedures, structures and systems over decades in a relatively stable environment.