[MUSIC] As we have learned in this specialization and elsewhere, a transformation is taking place in manufacturing from traditional methods to digital or advanced manufacturing techniques. We're familiar with the term product lifecycle. As a reminder, the product lifecycle is a sequence and interaction of processes that take place from the time an idea or a product is generated to the point when the product is used, then disposed. Many can be involved throughout this process, creating the need for a workforce ready to evolve with the 4.0 industry. In this evolution, we recognize that processes previously monitored and controlled by humans are now being monitored through technology. Intelligent machines use sensors and data throughout the manufacturing process to maximize efficiency in operations. The outcome is high productivity, high quality, and significant improvements to the processes. These changes have resulted in companies being more agile, more productive and more competitive. Where do these advancements lead individuals? This module will take you through a self-assessment to determine what you have to offer now and in the future. At the end of the module you will be able to conduct a self-assessment using a strengths, weaknesses, opportunities, and threats or SWOT analysis or similar. [MUSIC] You'll be able to reflect on the results to create at least one future desired state. You will also be able to create a self marketing document to generate project livelihood. [MUSIC] SWOT is the acronym for strengths, weaknesses, opportunities, and threats. The output is a list of action items to focus on as you transition from a current to a future state. Your SWOT analysis should be tied to your project objectives. It's often set up as a four block square where strengths and weaknesses are at the top left and right blocks, and opportunities and threats are listed in the lower left and right blocks respectively. The strengths and weaknesses blocks include internal factors. These are factors unique to you. The opportunities and threat blocks include external factors, such as industry trends, job postings, a new software release, regulations and procedures. The strengths and opportunities box include your traits and resources that will help you achieve your objectives. Traits that pose more of a concern to achieving your objectives are included in the weakness and threats blocks. When completed, the analysis provides personalized steps to achieve something. In this case, your 4.0 roadmap to success in DMD. Directions to help you get started on your personalized analysis are in the Resource section. Also, please use the discussion forum to share your ideas. After reflecting on your SWOT analysis, update your project charter with one to three action items to complete within an established time period. Leverage your strengths to identify and acquire prospective opportunities. Additionally, list at least one action item to mitigate or reduce the risk of a threat adversely impacting you or your ability to achieve your objectives as a result of one or more of your weaknesses. These steps will help you further construct your personalized roadmap within digital manufacturing and design.
