Management 4.0: Evolution and Innovation in Managing Organization in the Digital Era
Year: 2023
Type: article
Abstract: The rapidly changing conditions of business operations, driven by global changes in geopolitics, economics, and the accelerated pace of digital technology development, require greater adaptability, flexibility, and re-sponsiveness from organizational management. In this regard, the concept of Management 4.0 is being formed and developed, combining advanced strategies, innovative approaches, and the use of modern infor-mation and communication technologies. The study identifies epochs of organizational management, includ-ing scientific management, administrative management, quality management, strategic management, and innovation management. The article justifies the need to improve approaches in managing organization, im-plement innovations and advanced digital technologies in organizational activities. The concept and key com-ponents of Management 4.0 are formulated, taking into account modern realities and the needs of Russian businesses. The challenges faced by domestic companies are highlighted; strategies, approaches and practi-cal recommendations for overcoming them are presented.
Author: Irina A. Naugolnova
Language: English
Subfield: Management of Technology and Innovation
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4386861343