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Third Industrial Revolution Consulting Group<br />

The first part of the sentence “An internationally recognized platform for sustainable industrial<br />

excellence” represents the goal the Luxembourg industry would like to achieve, while the<br />

second part of the sentence “innovative solutions” are the means required to reach this goal. It<br />

is important to stress here, that the vision is a unique statement only applicable in the context<br />

of the Luxembourgish environment.<br />

Glossary:<br />

Internationally recognized Platform: a vibrant cluster of stakeholders who have a strong vested<br />

interest in the development of Industries. These stakeholders come from both the public and<br />

private sector. The concept of the Public Private Partnership is the cornerstone of the whole<br />

initiative.<br />

Sustainable: mindful use of resources (energy and raw materials), investment in people (safe<br />

and skill-enhancing working conditions) and profitable. The principles of the circular economy<br />

are fully acknowledged and recognized.<br />

Industrial Excellence: production of world-renowned and high quality industrial products. The<br />

Business Model for these products may be a standard purchase model of a product, or the<br />

delivery of this product as a service.<br />

Innovative: exploit the symbiotic link between research and industries. The focus is on applied<br />

research.<br />

Solutions: offering solutions (products, services, hybrid models) to end-customers.<br />

While the vision statement describes what Luxembourg Industry wants to be in the future, the<br />

Working Group also proposes a mission statement. The mission statement should guide the<br />

actions and strategies, and provide a path and guide the decision making process.<br />

“Develop an ecosystem that will be a fertile ground for the development of industrial<br />

products and services which will be innovative, mindful of any environmental impact, thrifty<br />

in its use of the Earth’s limited resources and enabling the transformation of the economy<br />

from a carbon fossil model to renewable energy.”<br />

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