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The Role and Meaning of the Digital Transformation As a Disruptive Innovation on Small and Medium Manufacturing Enterprises.

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TLDR
In this paper, the impact of digital transformation as a disruptive innovation on manufacturing SMEs is explored, and three main groups of disruptive innovations and their impact on future smart factory development are identified: technological changes, the emergence of innovative products, business models and solutions and organisational culture.
Abstract
The research reported in this paper explores the impact of digital transformation as a disruptive innovation on manufacturing SMEs. The research is based on a qualitative Delphi study encompassing 49 experts from eleven EU countries. The paper aims to demonstrate how disruptive innovations affect organisational changes and determine critical factors in organisations that impact the initiating and promoting R&D of disruptive innovation. We discovered that disruptive innovations impact product/process development methods, new production concepts, new materials for products, and new organisation plans. Additionally, we identified organisational changes related to the development and use of disruptive innovations in the future. We also indicate how disruptive innovations influence social and technological changes in the organisational environment. The analysis also disclosed three main groups of disruptive innovations and their impact on future smart factory development, namely the following: technological changes, the emergence of innovative products, business models and solutions and organisational culture as one of the crucial key success factors. The analysis also examined the enablers of the successful development/introduction of disruptive innovations, wherein internal and external factors were determined. Additionally, we presented obstacles and the approaches necessary to mitigate them. We can conclude from the findings that in the timeframe of 5 to 10 years, only the SME that uses/develops disruptive innovations will survive in the market. However, the companies do not always have a clear idea of the meaning of disruptive innovations. Therefore, it is important to set clear goals regarding the achievement of disruptive innovations in companies. It is also necessary to creatively apply presented instruments enabling improvement of organisational changes and apply some additional concepts, which we have suggested.

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Digital Transformation and Corporate Social Performance: How Do Board Independence and Institutional Ownership Matter?

TL;DR: Wang et al. as discussed by the authors investigated whether and how board independence and institutional ownership moderate the relationship between digital transformation and corporate social performance (CSP) in Chinese publicly listed firms.
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Making digitalization work: unveiling digitalization's implications on psycho-social risks at work

TL;DR: In this article , the authors provide empirical evidence of digitalization's implications on psycho-social risks at work perceived by people employed in SMEs, examining the moderating role of, organizational safety and health measures.
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Insight into the Balancing Effect of a Digital Green Innovation (DGI) Network to Improve the Performance of DGI for Industry 5.0: Roles of Digital Empowerment and Green Organization Flexibility

Chengli Hu, +2 more
- 05 Jul 2022 - 
TL;DR: In this paper , the influence mechanism of LDGIN and RDGIN on the DGI performance of manufacturing enterprises was revealed, considering the moderating role of digital empowerment and green organization flexibility.
References
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Journal ArticleDOI

The Delphi Technique: Making Sense of Consensus

TL;DR: The Delphi technique is well suited as a method for consensus-building by using a series of questionnaires delivered using multiple iterations to collect data from a panel of selected subjects.
Journal ArticleDOI

The Delphi method as a research tool: an example, design considerations and applications

TL;DR: Detailed principles for making design choices during the process of selecting appropriate experts for the Delphi study are given and suggestions for theoretical applications are made.
Journal ArticleDOI

The Delphi technique as a forecasting tool: issues and analysis

TL;DR: It is concluded that a different focus of research is required to answer questions on Delphi effectiveness, focusing on an analysis of the process of judgment change within nominal groups.
Journal ArticleDOI

Industry 4.0: state of the art and future trends

TL;DR: The state of the art in the area of Industry 4.0 as it relates to industries is surveyed, with a focus on China's Made-in-China 2025 and formal methods and systems methods crucial for realising Industry 5.0.
Journal ArticleDOI

Intelligent Manufacturing in the Context of Industry 4.0: A Review

TL;DR: This paper provides a comprehensive review of associated topics such as intelligent manufacturing, Internet of Things (IoT)-enabled manufacturing, and cloud manufacturing and describes worldwide movements in intelligent manufacturing.
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