Industry 4.0 and Organisations: Key Organisational Capabilities - Responsible AI and Analytics for an Ethical and Inclusive Digitized Society Access content directly
Conference Papers Year : 2021

Industry 4.0 and Organisations: Key Organisational Capabilities

Stefan Smuts
  • Function : Author
  • PersonId : 1132865
Alta van Der Merwe
  • Function : Author
  • PersonId : 1098406
Hanlie Smuts
  • Function : Author
  • PersonId : 1066404

Abstract

The fast-paced evolution of digital technologies, termed the fourth industrial revolution (4IR), influences organisations to realise digital technology potential from a holistic point of view. In this context, organisational competitiveness relies on whether organisations’ business value-creation capabilities are adaptable and flexible. The purpose of this study was to consider the 4IR key organisational capabilities that organisations require to ensure sustainability and to create business value. We identified 14 4IR organisational capabilities and operationalised these capabilities by mapping them to the dynamic capabilities sensing (strategic leadership, external drivers, data value), seizing (decision-making, technology features, software services and solutions) and transforming (business model, process optimisation, product efficacy, organisation, customer) as defined by Teece. Three 4IR organisational capabilities, namely employees, skills and expertise, as well as communication, are relevant across all three dynamic capabilities. By applying the 4IR organisational capabilities, organisations will be able to consider the end-to-end impact of 4IR on them and to address action plans to sustain value, or to create new business value.
Fichier principal
Vignette du fichier
512902_1_En_36_Chapter.pdf (521.29 Ko) Télécharger le fichier
Origin : Files produced by the author(s)

Dates and versions

hal-03648145 , version 1 (21-04-2022)

Licence

Attribution

Identifiers

Cite

Stefan Smuts, Alta van Der Merwe, Hanlie Smuts. Industry 4.0 and Organisations: Key Organisational Capabilities. 20th Conference on e-Business, e-Services and e-Society (I3E), Sep 2021, Galway, Ireland. pp.423-438, ⟨10.1007/978-3-030-85447-8_36⟩. ⟨hal-03648145⟩
21 View
5 Download

Altmetric

Share

Gmail Facebook X LinkedIn More