A Technological Approach towards the Measurement of Enterprise Agility

Williams, Olatorera C.; Olajide, Funminiyi

doi:10.23919/cisti49556.2020.9141142

Cited by 5 publications

(3 citation statements)

References 15 publications

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“…The second important takeaway from the research was that business owners should place a strong emphasis on creativity and innovation because of their close connection. This view was also held by Capurro et al, 2021;Gault, 2018;Lee et al, 2017;Mikalef et al, 2018;Williams & Olajide, 2020 in their studies. Duan et al, 2020 investigated the relationship between corporate analytics and innovative approaches to issue resolution.…”

Section: Literature Reviewmentioning

confidence: 65%

Impacts of Innovation and Business Analytics on the Performance of the Service Sector in Nigeria

Daodu,

Bhaumik

2024

Future Bus. Adm.

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The study investigated the impacts of innovation, including service innovation and business analytics adoption on the performance of the service sector in Nigeria between 2013 and 2022. The proportion of Nigeria's economy attributable to the service sector, the Innovation Efficiency Index, and the Business Analytics usage index were all calculated using secondary data drawn from metrics such as the number of service firms engaging in R&D, the total amount of R&D expenditures, and the share of total service sector revenue received via online channels. As a result of multicollinearity and heteroscedasticity, the study used quantitative analysis, including regression and correlation analyses. The results show that innovation and its impact on service quality, has a large impact on Nigeria's service sector, but that the sector's current adoption level of business analytics is too low to produce far-reaching changes in performance. It was further revealed from the study that the e-participation rate is very vital for driving both the adoption of business analytics and the performance of the service sector. According to the study, the adoption of business analytics should be given more attention in the Nigerian service sector so that its contribution to the performance of the sector is more significant. Finally, the scope of e-participation in the service sector is expanding by the day, and it is recommended that various organizations become more e-service driven to compete in today's market and maintain good performance.

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Section: Literature Reviewmentioning

confidence: 65%

Impacts of Innovation and Business Analytics on the Performance of the Service Sector in Nigeria

Daodu,

Bhaumik

2024

Future Bus. Adm.

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“…Researchers have explored the consequences of Industry 4.0 technology adaptations and sector-specific challenges have been examined (Kučera et al, 2022), as well as frameworks that allow the systematic evaluation of technological maturity in congruence with the industrial requirements (Yurci and Durakbasa, 2021). Studies on decision-making mechanisms within industrial environments and data-based techniques with simulation models to optimize production processes also stand out (Lang et al, 2018;Mourtzis et al, 2019;Williams and Olajide, 2020;Sekaran and Hildas, 2023). In terms of sector-specific adaptations, the emphasis on manufacturing and automation for Industry 4.0 addresses the convergence of physical and virtual systems, digital twins, and virtual reality applications in the manufacturing sector (Simon et al, 2021;Diniz et al, 2022), lean manufacturing and AI-driven efficiency (Eriksson et al, 2021;Helmold et al, 2022).…”

Section: Simulation Platform Features and Industry 40mentioning

confidence: 99%

Exploring educational simulation platform features for addressing complexity in Industry 4.0: a qualitative analysis of insights from logistics experts

Pacheco-Velazquez,

Rodes-Paragarino,

Marquez-Uribe

2024

Front. Educ.

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IntroductionThis study explores the transformative impact of Industry 4.0 on industrial operations, emphasizing the integration of advanced technologies like AI, IoT, and Big Data Analytics to enhance process optimization, automation, and connectivity. Despite its potential for efficiency, Industry 4.0 introduces significant complexities, challenging existing operational and decision-making frameworks. Addressing these challenges, the research investigates the role of simulation platforms in logistics, seeking to identify their critical attributes for effective complexity management. It highlights the need for innovative tools in system evaluation, performance measurement, and skill development, aiming to equip the workforce with essential Industry 4.0 competencies. Through qualitative insights from logistics experts, the study aims to offer practical recommendations for educators and industry professionals, contributing to the design and implementation of educational simulations that align with the intricate demands of Industry 4.0 logistics.MethodsThis study employs a qualitative content analysis approach to develop an Industry 4.0-adapted logistics simulator, leveraging the Asteraceae framework for digital game co-design and pedagogical reflection. Data were collected from six industry and academia experts through semi-structured interviews, designed around the framework’s key steps to explore simulator design, decision-making, impact, and skill development. Utilizing convenience sampling, the research engaged participants with experience in educational logistics platforms and simulators. Interviews were conducted online, with ethical considerations including informed consent. Transcription used OpenAI’s API for accuracy, followed by manual review. The analysis combined qualitative content with frequency analysis, employing Atlas.ti software to identify and code key simulation features as informed by expert insights. This methodology underscores a comprehensive approach to understanding and innovating logistics education for Industry 4.0, aiming to equip learners with necessary competencies through targeted simulation tools.ResultsThe study’s findings emphasize the critical role of simulation tools in Industry 4.0 logistics for risk mitigation, operational planning, and decision-making. Experts pointed out the significant benefits of simulations in providing safe spaces for experimentation, especially valuable for SMEs with limited access to advanced technologies. They advocated for simulators to incorporate current technological and e-commerce trends, suggesting a customizable business model based on diverse logistics requirements. Key insights included the necessity for adaptable simulation architectures to handle various operational variables, the importance of integrating multidisciplinary competencies like data analytics and strategic management, and the role of performance metrics in evaluating simulations and logistics operations. The analysis revealed essential features for an educational logistics simulator, highlighting the importance of operational knowledge, predictive analytics, and the need for a comprehensive tool that integrates technology, strategy, operations, and data analysis. This approach aims to equip users with the skills necessary for navigating the complexities of modern logistics, promoting a deep understanding of systems thinking and complex reasoning skills.DiscussionThe discussion centers on the essential requirement for a multidisciplinary approach in creating an educational logistics simulator for Industry 4.0, emphasizing the need for technological adaptability and operational efficiency. It highlights the importance of integrating advanced technologies and collaborative paradigms to enhance logistics operations and improve decision-making processes. The utility of simulation-based learning as a pedagogical tool is acknowledged, with an emphasis on its role in developing complex thinking and practical skills relevant to the digital transformation of the logistics sector. The discussion suggests that educational simulations are poised to play a pivotal role in preparing the workforce for Industry 4.0 challenges by bridging technological advancements and pedagogical strategies. However, it also points to the limitations of the current study, such as its sampling method and regional focus, and calls for future research to explore broader applications and the integration of comprehensive strategies to ensure the educational simulator’s effectiveness and relevance in a global context.

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“…The conceptual model above explains that organizational agility is shaped by several factors for successful IT implementation. As explained earlier, the factors that are related to organizational agility are factors that are able to increase the ability of two components of organizational agility, namely the ability to sense and respond to changes in the organizational environment [10]. To optimize the two components, an equally strong contribution is needed regarding the organization's ability to feel change and the organization's readiness to respond to change.…”

Section: A Construct Operationalizationmentioning

confidence: 99%

How IT Support a Telecommunication Company’s Agility to Respond Changing Market Needs? : Literature Review

Safitri

Pribadi²,

Agussalim³

et al. 2022

Int. Intell. Research.

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The phenomenon of very dynamic and competitive business competition requires every telecommunication company to be adaptive in all changes. Now information technology does not only play a role in supporting business processes. IT is expected to play a major role in supporting the company's agility to adapt to the business environment. Corporate agility can provide various advantages, namely the organization is able to detect changes early and explore various solution options as a decision-making process in creating innovation. This journal provides an effective conceptual model related to how information technology is able to create organizational agility in telecommunications companies. This conceptual model is expected to be a reference for the adoption of information technology in providing a fit impact for the company.

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A Technological Approach towards the Measurement of Enterprise Agility

Cited by 5 publications

References 15 publications

Impacts of Innovation and Business Analytics on the Performance of the Service Sector in Nigeria

Impacts of Innovation and Business Analytics on the Performance of the Service Sector in Nigeria

Exploring educational simulation platform features for addressing complexity in Industry 4.0: a qualitative analysis of insights from logistics experts

How IT Support a Telecommunication Company’s Agility to Respond Changing Market Needs? : Literature Review

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