Global Lighthouse Network 2025

Endnotes 1 “Assetization” is a systematized approach to developing, managing and deploying reusable assets for scalable digital transformations across an organization. 2 World Economic Forum. (2023). Global Lighthouse Network: Research Survey. https://www3.weforum.org/docs/WEF_ GLN_Research_Survey_2023.pdf. 3 Ibid. 4 World Economic Forum. (2023). Global Lighthouse Network: Research Survey. https://www3.weforum.org/docs/WEF_ GLN_Research_Survey_2023.pdf. 5 GLN site visit report data, responses to optional survey (2024 Cohort). 6 Ibid. 7 Based on analysis of GLN Lighthouses (2018-2024). 8 World Economic Forum. (2023). Global Lighthouse Network: Research Survey. https://www3.weforum.org/docs/WEF_ GLN_Research_Survey_2023.pdf. 9 Based on GLN site visit report, November 2024. 10 World Economic Forum. (2023). Global Lighthouse Network: Research Survey. https://www3.weforum.org/docs/WEF_ GLN_Research_Survey_2023.pdf. 11 Based on GLN site visit report, September 2024. 12 World Economic Forum. (2023). Global Lighthouse Network: Research Survey. https://www3.weforum.org/docs/WEF_ GLN_Research_Survey_2023.pdf. 13 Based on GLN site visit reports, September and November 2024. 14 Forbes. (2024, July 23). 77% Of Employees Report AI Has Increased Workloads And Hampered Productivity, Study Finds. https://www.forbes.com/sites/bryanrobinson/2024/07/23/employees-report-ai-increased-workload/. 15 Forbes. (2024, April 1). AI For Manufacturers In 2024: Hype Vs. Reality. https://www.forbes.com/sites/ quickerbettertech/2024/04/01/ai-for-manufacturers-in-2024-hype-vs-reality/. 16 Reuters. (2024, July 10). Manufacturers slow Gen AI rollout amid rising accuracy concerns, says study. https://www. reuters.com/technology/artificial-intelligence/manufacturers-slow-gen-ai-rollout-rising-accuracy-concerns-says- study-2024-07-10/. 17 Akkio. (2024, May 2). Cost of AI in 2024: Estimating Development & Deployment Expenses. https://www.akkio.com/post/ cost-of-ai. 18 Based on analysis of GLN site visit report data (2024 Cohort). 19 Definitions: –Conversion costs: the combined costs of direct labour and manufacturing overhead incurred to transform raw materials into finished products. –Cycle times: the total duration required to complete one full production process or operation from start to finish. –Defect rates: the proportion of products or services that fail to meet quality standards or specifications, expressed as a percentage of the total output. 20 Based on analysis of GLN site visit report data (2024 Cohort). 21 Definition and reference: –Digital twin: virtual model of a physical system used to simulate, analyse and optimize performance based on real-time data. –McKinsey. (2024, January 10). Digital twins: The next frontier of factory optimization. https://www.mckinsey.com/ capabilities/operations/our-insights/digital-twins-the-next-frontier-of-factory-optimization. 22 McKinsey & Company. (2020, October 1). Tech debt: Reclaiming tech equity. https://www.mckinsey.com/capabilities/ mckinsey-digital/our-insights/tech-debt-reclaiming-tech-equity. 23 Standard operating procedures (SOPs) are detailed, documented instructions used to ensure consistency, quality and safety by standardizing the steps and processes for performing specific tasks. 24 Harvard Business Review. (2024, June). AI Success Depends on Tackling “Process Debt”. https://hbr.org/2024/06/ai- success-depends-on-tackling-process-debt. Global Lighthouse Network: The Mindset Shifts Driving Impact and Scale in Digital Transformation 49