Strategic management realignment in tandem with IR 4.0 / Baderisang Mohamed and Muna Abdul Jalil ... [et al.]

Mohamed, Baderisang and Abdul Jalil, Muna (2020) Strategic management realignment in tandem with IR 4.0 / Baderisang Mohamed and Muna Abdul Jalil ... [et al.]. FBM Insights, 2. pp. 43-46. ISSN 2716-599X

Abstract

IR4.0 or Industrial Revolution 4,0 refers to the current automation trend and data sharing practices in businesses. IR 4.0 is characterized by Internet of Things, Big Data and Analytics, Augmented Reality, Autonomous Robots, Additive Manufacturing, Cognitive Computing, and Cloud Computing (Vaidya, Ambad, & Bhosle, 2018). Strategic management processes involve strategy formulation, implementation, monitoring, and evaluating strategies to achieve company goals (Osborn, 2019). As IR4.0 revolutionizes the business industry, company strategic processes should be realigned with the wave of revolution. This paper determines whether strategic management processes should realign with IR4.0.

Metadata

Item Type: Article
Creators:
Creators
Email / ID Num.
Mohamed, Baderisang
baderi038@uitm.edu.my
Abdul Jalil, Muna
munaaj741@uitm.edu.my
Subjects: H Social Sciences > HD Industries. Land use. Labor > Management. Industrial Management > Electronic data processing. Information technology. Knowledge economy. Including artificial intelligence and knowledge management
H Social Sciences > HD Industries. Land use. Labor > Management. Industrial Management > Planning. Business planning. Strategic planning
Divisions: Universiti Teknologi MARA, Kedah
Journal or Publication Title: FBM Insights
UiTM Journal Collections: Others > FBM Insights UiTM Cawangan Kedah
ISSN: 2716-599X
Volume: 2
Page Range: pp. 43-46
Keywords: environments, efficient production processes
Date: 2020
URI: https://ir.uitm.edu.my/id/eprint/49659
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