Industry 4.0 and Agile Firms

Abstract

Today humanity is facing a time period, in which the speed and rate of change in different fields are faced. The rapid and effective change in the technological, economic, military, social and cultural fields all over the world in recent years has had important results in many topics such as informatics, interactive communication, production, data production and sharing and forms of consumption and perception. Changes and developments at very high speeds and rates affect the personal life, social life and work life in a deep manner, especially after the 1980s, paving the way for many concepts such as globalization, Industry 4.0, digitalization, new economy, new world order and digital transformation age to be the leading variables in every field of social sciences.

Production, consumption and communication forms at the global level are becoming more and more in depth and predicting the future is becoming more and more difficult and valuable. Understanding, analyzing and predicting the future for national and international companies and organizations directly and indirectly affect all economic, military and political variables. At this point, competition stands out as one of the most critical concepts for survival and growth for profit-oriented companies.

Based on this, the topics and contents selected in this study were created to cover the field of management and strategy. Indeed, in this study, the concept of organizational agility is explored theoretically from a historical perspective on the concept of Industry 4.0 and especially emphasized the dimensions and components of agility used in today’s world.

Within the scope of this study, the aim is to define and present the general framework of the Industry 4.0 and agile firms, which aim to combine the conceptual and theoretical infrastructure with the implementation of the agile firms within the field. In this respect, the study defines the situation coming from the past together with the world of today in the relationship of the technological and economical dimensions of globalization with the digitalization and latest theoretical view for the agile firm’s structure and management. On the other hand; in this study, the possible effects of the recent COVID-19 pandemic crisis on the management of organizations are interpreted in the context of Industry 4.0 and agile companies. This aim will provide a foresight for the future periods, with the conclusions added with the theory of senism, which present the dominant value of the study.

Citation

Şen, E. and İrge, N.T. (2020), "Industry 4.0 and Agile Firms", Akkaya, B. (Ed.) Agile Business Leadership Methods for Industry 4.0, Emerald Publishing Limited, Leeds, pp. 209-231. https://doi.org/10.1108/978-1-80043-380-920201013