Adjective phrase used to describe actions, initiatives, or standards that apply to an entire industry rather than to individual companies or sectors. 'Industry-wide' signifies a collective approach taken by all entities within a specific field, aiming to address challenges, promote consistency, or drive innovation across the sector.
Industry-wide meaning with examples
- The conference brought together leaders from various companies to discuss industry-wide sustainability practices. By sharing best practices and aligning on goals, participants aimed to reduce their environmental impact collectively while fostering a more sustainable industry reputation.
- In an industry-wide effort to improve safety, all construction firms agreed to implement new training programs for their workers. This initiative was designed to ensure that every employee understood the best practices to reduce accidents and enhance on-site safety standards.
- The recent regulations imposed by the government prompted an industry-wide push to modernize manufacturing technologies. Companies collaborated to invest in innovative machinery and processes that would increase efficiency and reduce costs across the board, benefiting the entire sector.
- An industry-wide recall was announced after a defect was discovered in the main product line. All manufacturers took immediate action to notify consumers and implement new quality control measures to restore customer trust and ensure product safety.
- To tackle growing concerns over data privacy, an industry-wide framework was established by tech giants. This initiative aims to create standardized protocols for data handling, ensuring that all companies within the industry adhere to the same set of privacy regulations.