The concept and competitiveness of agile organization in the fourth industrial revolution's drift
Corporate competitiveness is constantly being shaped by the Fourth Industrial Revolution, the explosive development of technology, the globalization and the hyper-competition. The VUCA status has now become a permanent reality: volatility and complexity cannot be traced to traditional corporate oper...
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| Format: | Article |
| Language: | English |
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University of Novi Sad - Faculty of Economics, Subotica
2020-01-01
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| Series: | Strategic Management |
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| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/1821-3448/2020/1821-34482003014B.pdf |
| _version_ | 1818537666621210624 |
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| author | Balog Katalin |
| author_facet | Balog Katalin |
| author_sort | Balog Katalin |
| collection | DOAJ |
| description | Corporate competitiveness is constantly being shaped by the Fourth Industrial Revolution, the explosive development of technology, the globalization and the hyper-competition. The VUCA status has now become a permanent reality: volatility and complexity cannot be traced to traditional corporate operations. The Industry 4.0 projects a physical, a digital and a biological megatrend such as advanced robotics, artificial intelligence, new materials, personalized healing, self-driving cars. Through usage of the resources and knowledge sharing, the global economy is experiencing mutations such as the sharing economy, the peer to peer economy, the gig economy in the labor market and the Big Data in planning. Meanwhile, the disruptive innovations are transforming industries and gaining exponentially competitive advantage. The special business concepts were born and whom cannot be handled by models of classic macro and micro economics: the largest taxi company in the world does not own any taxicab (Uber), the largest accommodation company does not own any property (Airbnb), the largest telecommunication company has no infrastructure (Skype), the world's most valuable retailer has no inventory (Alibaba), the most popular media doesn't create its own content (Facebook), the world's largest cinema doesn't have its own movie (Netflix). In the meantime, those are treasuring huge profits, business influence and information capital. The competitiveness of their agile way of working can be proved. These call for changes not only in the market, but also in organizational and individual terms. An adaptive corporate structure and leadership, a self-organizing group, an agile working method hold companies in the direction of growing track and changes in the future. My research about discovering some aspects of agile way of working versus traditional organization work. My hypothesis is that employees are more motivated, effective and committed in an agile team than in a classic hierarchy or matrix. I added own business and project-based worker as their flexible, effective work is a must. My hypotheses are partially fulfilled. |
| first_indexed | 2024-12-11T18:53:42Z |
| format | Article |
| id | doaj.art-f42f79cecc6b452cabd783af4a7ee4c9 |
| institution | Directory Open Access Journal |
| issn | 1821-3448 2334-6191 |
| language | English |
| last_indexed | 2024-12-11T18:53:42Z |
| publishDate | 2020-01-01 |
| publisher | University of Novi Sad - Faculty of Economics, Subotica |
| record_format | Article |
| series | Strategic Management |
| spelling | doaj.art-f42f79cecc6b452cabd783af4a7ee4c92022-12-22T00:54:13ZengUniversity of Novi Sad - Faculty of Economics, SuboticaStrategic Management1821-34482334-61912020-01-0125314271821-34482003014BThe concept and competitiveness of agile organization in the fourth industrial revolution's driftBalog Katalin0Szent István University Gödöllő, Management and Business Administration Doctoral School, HungaryCorporate competitiveness is constantly being shaped by the Fourth Industrial Revolution, the explosive development of technology, the globalization and the hyper-competition. The VUCA status has now become a permanent reality: volatility and complexity cannot be traced to traditional corporate operations. The Industry 4.0 projects a physical, a digital and a biological megatrend such as advanced robotics, artificial intelligence, new materials, personalized healing, self-driving cars. Through usage of the resources and knowledge sharing, the global economy is experiencing mutations such as the sharing economy, the peer to peer economy, the gig economy in the labor market and the Big Data in planning. Meanwhile, the disruptive innovations are transforming industries and gaining exponentially competitive advantage. The special business concepts were born and whom cannot be handled by models of classic macro and micro economics: the largest taxi company in the world does not own any taxicab (Uber), the largest accommodation company does not own any property (Airbnb), the largest telecommunication company has no infrastructure (Skype), the world's most valuable retailer has no inventory (Alibaba), the most popular media doesn't create its own content (Facebook), the world's largest cinema doesn't have its own movie (Netflix). In the meantime, those are treasuring huge profits, business influence and information capital. The competitiveness of their agile way of working can be proved. These call for changes not only in the market, but also in organizational and individual terms. An adaptive corporate structure and leadership, a self-organizing group, an agile working method hold companies in the direction of growing track and changes in the future. My research about discovering some aspects of agile way of working versus traditional organization work. My hypothesis is that employees are more motivated, effective and committed in an agile team than in a classic hierarchy or matrix. I added own business and project-based worker as their flexible, effective work is a must. My hypotheses are partially fulfilled.https://scindeks-clanci.ceon.rs/data/pdf/1821-3448/2020/1821-34482003014B.pdfagileindustry 4.0vucasharing economycompetitiveness |
| spellingShingle | Balog Katalin The concept and competitiveness of agile organization in the fourth industrial revolution's drift Strategic Management agile industry 4.0 vuca sharing economy competitiveness |
| title | The concept and competitiveness of agile organization in the fourth industrial revolution's drift |
| title_full | The concept and competitiveness of agile organization in the fourth industrial revolution's drift |
| title_fullStr | The concept and competitiveness of agile organization in the fourth industrial revolution's drift |
| title_full_unstemmed | The concept and competitiveness of agile organization in the fourth industrial revolution's drift |
| title_short | The concept and competitiveness of agile organization in the fourth industrial revolution's drift |
| title_sort | concept and competitiveness of agile organization in the fourth industrial revolution s drift |
| topic | agile industry 4.0 vuca sharing economy competitiveness |
| url | https://scindeks-clanci.ceon.rs/data/pdf/1821-3448/2020/1821-34482003014B.pdf |
| work_keys_str_mv | AT balogkatalin theconceptandcompetitivenessofagileorganizationinthefourthindustrialrevolutionsdrift AT balogkatalin conceptandcompetitivenessofagileorganizationinthefourthindustrialrevolutionsdrift |