Oshkosh Corporation can leverage its expertise in specialty vehicles and equipment to design and develop new product lines specifically created for the construction industry. This could include innovative machinery designed for urban construction environments or sustainable building projects, catering to growing demands for environmental efficiency and compact operations.

Expanding market presence in Asia and Latin America presents significant growth opportunities for Oshkosh. These regions are experiencing rapid infrastructure development and increased investment in transportation, which could lead to higher demand for Oshkosh’s vehicle and equipment solutions. Establishing local production facilities or distribution partnerships might be a strategic approach to capture these emerging market potentials.

Oshkosh should consider increasing investments in autonomous vehicle technologies, which are becoming pivotal in both defense and commercial sectors. By incorporating autonomy in vehicles, Oshkosh can enhance operational efficiencies and safety, and position the company as a leader in advanced vehicular technology solutions.

Implementing Internet of Things (IoT) solutions can transform how Oshkosh manages fleet operations and conducts maintenance. Through IoT, Oshkosh could offer customers real-time analytics and predictive maintenance services, reducing downtime and extending the lifespan of vehicles and equipment, further enhancing customer satisfaction and loyalty.

Oshkosh Corporation can maximize efficiency and reduce costs by strengthening collaborations with key suppliers. Optimizing supply chain processes through integrated technology platforms and shared logistics can lead to more streamlined operations and better inventory management.

Forming or expanding partnerships with national and international government agencies for defense contracts can solidify Oshkosh’s market position in the defense sector. These partnerships could be enhanced by demonstrating commitment to innovation and meeting stringent government specifications in defense vehicle production.

Oshkosh’s diversification into electric vehicle technologies through acquisitions could address evolving market demands and regulatory requirements for cleaner energy solutions. Acquisitions of technologically advanced startups could quickly broaden Oshkosh’s capabilities in this rapidly growing sector.

Exploring the renewable energy sector, particularly electric vehicle charging infrastructure, can provide Oshkosh with new revenue streams and complement its initiatives in electric vehicle technologies. This would not only diversify Oshkosh’s business model but also support the global transition towards sustainable energy solutions.

Oshkosh could develop specialized training programs tailored to advance employee skills in emerging technologies such as autonomous vehicles, IoT, and renewable energy systems. Enhanced training will enable the workforce to meet the technological demands of new products and services.

Recruiting leading professionals from the industry can invigorate Oshkosh’s innovation capabilities. Top talent can bring in fresh perspectives, advanced skills, and strategic insights that are essential for driving the company’s growth and maintaining competitive advantage in a fast-evolving market.