THE CHALLENGE OF GOING DIGITAL
Journal Title: Journal of Engineering Management and Competitiveness (JEMC) - Year 2017, Vol 7, Issue 2
Abstract
Modern business environment changes under the influence of the second wave of disruptive digital technologies such as mobile applications, social networks, cloud computing, big data analytics and Internet of things. The specificity of these digital innovations defined as The Fourth industrial revolution is that they bring about changes in the complete industry sectors becoming in this way a key condition for further competitive business operations in the global market. This paper analyses the contribution of new digital technologies to economic growth of national economies and higher productivity and competitiveness of companies. In order to maintain competitiveness level, modern enterprises have to start the process of digital transformation that requires new organization models, redesigned business processes and new ways of communication with partners and customers. According to some authors this is the biggest transformation in business the world has seen in over a century. The untapped potential here really is enormous and it represents big challenge for all industries and national economies. EU experiences in the development of digital entrepreneurship are analyzed, as well as challenges of digital change in domestic companies.
Authors and Affiliations
Marijana VIDAS-BUBANJA, Iva BUBANJA
Keywords
Related Articles
- EP ID EP248191
- DOI -
- Views 168
- Downloads 0
A NOVEL CONCEPT FOR QUANTITATIVE MEASUREMENT OF ORGANIZATIONAL PERFORMANCE INDEX
The performance of an organization depends on many dimensions of technology and management such as leadership, strategic planning, customer focus, process management, measurement, analysis, knowledge management, costing,...
CREATING THE MODEL FOR THE IMPLEMENTATION OF MARKETING ATTRIBUTES WHICH DETERMINE DOMESTIC ENTERPRISES COMPETITIVENESS
Global market and establishing new competitive relations require a new approach to business organization management, both in the conceptional and organizational sense. Modern organizations that are actively and continual...
IMPLEMENTATION OF 6R STRATEGY IN FDM PRINTING PROCESS: CASE - SMALL ELECTRONIC ENCLOSURE BOX
This paper provides an algorithm for the application of additive manufacturing in the sustainable development of the enterprise. The manufacturing process includes the process of manufacturing preparation, the process of...
SOFTWARE DEVELOPERS' PERCEPTIONS OF SOFT SKILLS IN SOFTWARE REQUIREMENTS ENGINEERING
Software requirements express users' needs and constraints for a software system to be constructed in order to solve some real problems. Both researchers and practitioners from industry point out that well performed requ...
ORGANIZATIONAL COMMITMENT AND TRUST AT WORK BY REMOTE EMPLOYEES
This paper examines and analyzes the differences in organizational commitment and trust at work among conventionally employed and remote employees. Two additional control variables are introduced into the research: Gende...