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Management of Permanent Change—New Challenges and Opportunities for Change Management Read chapter Read first chapter

2015 | OriginalPaper | Chapter

2. Change Through Digitization—Value Creation in the Age of Industry 4.0

Author : Prof. Dr. Henning Kagermann

Published in: Management of Permanent Change

Publisher: Springer Fachmedien Wiesbaden

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Abstract

Digitization—the continuing convergence of the real and the virtual worlds will be the main driver of innovation and change in all sectors of our economy. The exponentially growing amount of data and the convergence of different affordable technologies that came along with the definite establishment of Information and Communication Technology are transforming all areas of the economy. In Germany, the Internet of Things, Data and Services plays a vital role in mastering the energy transformation, in developing a sustainable mobility and logistics sector, in providing enhanced health care and in securing a competitive position for the leading manufacturing industry. This article discusses the impact, challenges and opportunities of digitization and concludes with examples of recommended policy action. The two key instruments for enhanced value creation in the Age of Industrie 4.0 are platform-based cooperation and a dual innovation strategy.

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previous chapter Management of Permanent Change—New Challenges and Opportunities for Change Management
next chapter The Role of Conditional Cooperation in Organizing Change
Footnotes
1
More information about the project is available at: http://​www.​smart-rti.​de/​.
 
2
See the Platform’s web site (www.​plattform-i40.​de).
 
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Metadata
Title
Change Through Digitization—Value Creation in the Age of Industry 4.0
Author
Prof. Dr. Henning Kagermann
Copyright Year
2015
Book
Management of Permanent Change

Print ISBN: 978-3-658-05013-9

Electronic ISBN: 978-3-658-05014-6

Copyright Year: 2015

DOI
https://doi.org/10.1007/978-3-658-05014-6_2

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