New access to 2018 award winning paper on Industry 4.0 programme management added to PMWL
16 February 2022 – Dallas, TX, USA – In case you missed it, new access to an excellent previously published paper related to projects and project management in Industry 4.0 is available in the PM World Library (PMWL). The resource is a paper titled “The Evolution of Programme Management towards Governance of Industry 4.0 Organisations” authored by Dr. Pieter Steyn and Elzabe Zovitsky that was published in the PM World Journal in March 2018.
According to author’s introduction: Steyn and Semolic (2017, March) aver that the Fourth Industrial Revolution (Industry 4.0) is characterised by increasing digitisation and interconnection of products, value chains and business models. Competitiveness no longer depends solely on optimisation of own resources, but total inter-organisational value chain innovativeness and supportive partner technologies, products, services and systems. With the aid of partners, organisations are co-creating innovative inter-organisational value and supply chains that operate in a local, regional and international collaborative business ecosystem.
The complexity of today’s technologies, artificial intelligence, mass data, robotics and internet of things calls for specialisation and sustainable collaboration among organisations. Consequently, organisational design, development and governance have entered a challenging new phase. This inevitably requires strategic transformation and change of Industry 4.0 organisations and demands the introduction of new horisontal supply and value chain business models. Virtual value chains shape organisations into strategic, collaborative, value-driven entities where non-core activities are performed by carefully selected partners…
Editor’s note: This paper was recognized with a PM World Journal Editor’s Choice Award for 2018.
To read this paper, visit the Applications and Hot Topics section of the library at https://pmworldlibrary.net/applications-and-topics/, scroll down and click on “Industry 4.0, Projects & PM in”. Scroll down to resource. Registration is required to access; to see who has free access, visit https://pmworldlibrary.net/who-gets-free-basic-access/