Research Article

THE RESTRUCTURING OF THE ADMINISTRATIONAL-ORGANISATIONAL APPROACHES OF BUSINESSES IN THE PROCESS OF INDUSTRY 4.0

Volume: 7 Number: 4 October 31, 2020
TR EN

THE RESTRUCTURING OF THE ADMINISTRATIONAL-ORGANISATIONAL APPROACHES OF BUSINESSES IN THE PROCESS OF INDUSTRY 4.0

Abstract

Industrial revolutions have long since been mandatory for humanity in order to adapt to the age and innovations, resulting in the search of new ways to sustain productivity. Regardless of the line of business or the historical background of a sector, the concept of industrial revolution underlies the historical development of all sectors. The main reason is that production sustainability occurs when humanity presents their products at the same time announcing them. Consequently, new ideas, creations and revolutions can develop. Based on this, the first Industrial Revolution developed as a direct result of mechanisation while the Second Industrial Revolution developed as a result of electricity, and the Third Industrial Revolution developed as a direct result of computerisation. Nowadays, the Fourth Industrial Revolution aims to transform Internet of Things and Internet of Services into production. In the near future, enterprises will adapt to these innovations and hence improve their technologies, managerial and organisational perceptions, administrative levels, decision-making and logistic systems, as well as production facilities by means of developing global networks as part of Cyber-Physical Systems. Thanks to Cyber-Physical Systems, enterprises will carry out information production, control function, smart machines and storage systems independently within the production environment. This system will provide a rapid development of concepts like production, engineering, material procurement, industrial processes, supply chain, and life-cycle systems. Therefore, the aim of the present study is to theoretically analyse how managerial and organisational perceptions of enterprises undergo changes following the adoption of Industry 4.0 using literature review, which is defined as second-hand data, and to discuss the issues considering the restructuring of management-organisation of enterprises in accordance with this developing trend.

Keywords

References

  1. Acatech. (2011); Cyber-Physical Systems: Driving Force for Innovation mobility, Health, Energy and Production.Acatech(Ed.), Springer-Verlag, Berlin.
  2. AKAT, I., BUDAK, G., BUDAK, G. (2002). Business Management, 4.b, Barış Publishing, Faculties Bookstore, Izmir.
  3. BAKAN, I. (2004). Success Strategies for Managers, Beta Publishing, Istanbul.
  4. BURN, T., & STALKER, G. M. (1961). The management of innovation. London, Tavistock.
  5. BRETTEL, M., FRIEDERICHSEN, N., KELLER, M., & ROSENBERG, M. (2014). How virtualization, decentralization and network building change the manufacturing landscape: An industry 4.0 perspective. International Journal of Mechanical, Industrial Science and Engineering, 8(1), 37-44.
  6. CAN, H. (2002). Organisation and Management, 6.b, Siyasal Bookstore, Ankara.
  7. CGI GROUP INC, (2017). Industry 4.0 Making your business more competitive, https://www.cgi.com/en/white-paper/Industry-4-making-your-business-more-competitive, Access Date: 25.11.2017.
  8. DAFT, R. (2015). Organisation theory and design. Cengage learning.

Details

Primary Language

English

Subjects

Finance

Journal Section

Research Article

Publication Date

October 31, 2020

Submission Date

April 30, 2020

Acceptance Date

October 10, 2020

Published in Issue

Year 2020 Volume: 7 Number: 4

APA
Davutoğlu, N. A. (2020). THE RESTRUCTURING OF THE ADMINISTRATIONAL-ORGANISATIONAL APPROACHES OF BUSINESSES IN THE PROCESS OF INDUSTRY 4.0. Journal of Life Economics, 7(4), 361-372. https://doi.org/10.15637/jlecon.7.027
AMA
1.Davutoğlu NA. THE RESTRUCTURING OF THE ADMINISTRATIONAL-ORGANISATIONAL APPROACHES OF BUSINESSES IN THE PROCESS OF INDUSTRY 4.0. JLECON. 2020;7(4):361-372. doi:10.15637/jlecon.7.027
Chicago
Davutoğlu, Naci Atalay. 2020. “THE RESTRUCTURING OF THE ADMINISTRATIONAL-ORGANISATIONAL APPROACHES OF BUSINESSES IN THE PROCESS OF INDUSTRY 4.0”. Journal of Life Economics 7 (4): 361-72. https://doi.org/10.15637/jlecon.7.027.
EndNote
Davutoğlu NA (October 1, 2020) THE RESTRUCTURING OF THE ADMINISTRATIONAL-ORGANISATIONAL APPROACHES OF BUSINESSES IN THE PROCESS OF INDUSTRY 4.0. Journal of Life Economics 7 4 361–372.
IEEE
[1]N. A. Davutoğlu, “THE RESTRUCTURING OF THE ADMINISTRATIONAL-ORGANISATIONAL APPROACHES OF BUSINESSES IN THE PROCESS OF INDUSTRY 4.0”, JLECON, vol. 7, no. 4, pp. 361–372, Oct. 2020, doi: 10.15637/jlecon.7.027.
ISNAD
Davutoğlu, Naci Atalay. “THE RESTRUCTURING OF THE ADMINISTRATIONAL-ORGANISATIONAL APPROACHES OF BUSINESSES IN THE PROCESS OF INDUSTRY 4.0”. Journal of Life Economics 7/4 (October 1, 2020): 361-372. https://doi.org/10.15637/jlecon.7.027.
JAMA
1.Davutoğlu NA. THE RESTRUCTURING OF THE ADMINISTRATIONAL-ORGANISATIONAL APPROACHES OF BUSINESSES IN THE PROCESS OF INDUSTRY 4.0. JLECON. 2020;7:361–372.
MLA
Davutoğlu, Naci Atalay. “THE RESTRUCTURING OF THE ADMINISTRATIONAL-ORGANISATIONAL APPROACHES OF BUSINESSES IN THE PROCESS OF INDUSTRY 4.0”. Journal of Life Economics, vol. 7, no. 4, Oct. 2020, pp. 361-72, doi:10.15637/jlecon.7.027.
Vancouver
1.Naci Atalay Davutoğlu. THE RESTRUCTURING OF THE ADMINISTRATIONAL-ORGANISATIONAL APPROACHES OF BUSINESSES IN THE PROCESS OF INDUSTRY 4.0. JLECON. 2020 Oct. 1;7(4):361-72. doi:10.15637/jlecon.7.027