The book explores smart/intelligent business and management, addressing challenges and issues in contemporary organizations, providing a detailed and up-to-date perspective on theoretical and practical aspects related to the management of dynamic, competitive, and socially responsible organizations. It covers strategic integration of smart technologies, artificial intelligence, hyper-personalization, customer-centricity, Industry 4.0 technologies, agile human resource management, eco-innovation practices, and effective management of a multigenerational workforce.

Format: Hardback
Length: 162 pages
Publication date: 01 March 2024
Publisher: Springer International Publishing AG

Smart/intelligent business and management is a comprehensive exploration of the challenges and issues faced by contemporary organizations. It offers a detailed and up-to-date perspective on theoretical and practical aspects related to the management of dynamic, competitive, and socially responsible organizations. The book covers a wide range of topics, including the strategic integration of smart technologies to enhance competitiveness, the intersection of artificial intelligence, hyper-personalization, and customer-centricity, the transformative impact of Industry 4.0 technologies in manufacturing, agile human resource management, eco-innovation practices, and the effective management of a multigenerational workforce. Additionally, it examines the strategic interplay between talent management and smart organizations, making it an essential guide for navigating the intersection of technology, strategy, and human capital in the contemporary business landscape.

Smart/Intelligent Business and Management: Addressing the Challenges and Issues of Contemporary Organizations

Smart/intelligent business and management is a comprehensive exploration of the challenges and issues faced by contemporary organizations. It offers a detailed and up-to-date perspective on theoretical and practical aspects related to the management of dynamic, competitive, and socially responsible organizations. The book covers a wide range of topics, including the strategic integration of smart technologies to enhance competitiveness, the intersection of artificial intelligence, hyper-personalization, and customer-centricity, the transformative impact of Industry 4.0 technologies in manufacturing, agile human resource management, eco-innovation practices, and the effective management of a multigenerational workforce. Additionally, it examines the strategic interplay between talent management and smart organizations, making it an essential guide for navigating the intersection of technology, strategy, and human capital in the contemporary business landscape.

Strategic Integration of Smart Technologies to Enhance Competitiveness

Smart technologies have become increasingly important in the business world, providing organizations with the ability to improve their performance, efficiency, and competitiveness. The book explores the various ways in which smart technologies can be integrated into business operations to achieve these goals. For example, artificial intelligence can be used to automate repetitive tasks, improve decision-making processes, and enhance customer experience. Hyper-personalization can be used to tailor products and services to individual customers, increasing customer satisfaction and loyalty. Smart technologies can also be used to improve supply chain management, reduce waste, and increase efficiency. However, the integration of smart technologies can also be challenging, as organizations must ensure that they are compatible with their existing systems and processes. The book provides guidance on how to overcome these challenges and ensure that smart technologies are successfully integrated into business operations.

Intersection of Artificial Intelligence, Hyper-Personalization, and Customer-Centricity

Artificial intelligence, hyper-personalization, and customer-centricity are three of the most important trends in the business world today. Artificial intelligence can be used to automate repetitive tasks, improve decision-making processes, and enhance customer experience. Hyper-personalization can be used to tailor products and services to individual customers, increasing customer satisfaction and loyalty. Smart technologies can also be used to improve supply chain management, reduce waste, and increase efficiency. However, the integration of artificial intelligence, hyper-personalization, and customer-centricity can also be challenging, as organizations must ensure that they are compatible with their existing systems and processes. The book provides guidance on how to overcome these challenges and ensure that smart technologies are successfully integrated into business operations.

Transformative Impact of Industry 4.0 Technologies in Manufacturing

Industry 4.0 technologies have the potential to transform the manufacturing industry. These technologies include automation, robotics, the Internet of Things (IoT), and artificial intelligence. Automation can be used to reduce labor costs, improve quality, and increase productivity. Robotics can be used to automate repetitive tasks, improve safety, and increase efficiency. The Internet of Things can be used to connect devices and systems, providing real-time data and insights. Artificial intelligence can be used to analyze data and make predictions, improving decision-making processes. However, the integration of Industry 4.0 technologies can also be challenging, as organizations must ensure that they are compatible with their existing systems and processes. The book provides guidance on how to overcome these challenges and ensure that Industry 4.0 technologies are successfully integrated into manufacturing operations.

Agile Human Resource Management

Agile human resource management is a management approach that focuses on flexibility, adaptability, and collaboration. It is designed to help organizations respond quickly to changing market conditions and customer demands. Agile human resource management involves the use of agile methodologies, such as scrum, kanban, and lean, to manage projects and teams. It also involves the use of performance management systems to track and evaluate employee performance. Agile human resource management can be used to improve employee engagement, productivity, and retention. However, the integration of agile human resource management can also be challenging, as organizations must ensure that they are compatible with their existing systems and processes. The book provides guidance on how to overcome these challenges and ensure that agile human resource management is successfully integrated into organizational operations.

Eco-Innovation Practices

Eco-innovation practices are a set of practices that aim to reduce the environmental impact of businesses. These practices include the use of renewable energy sources, the reduction of waste, and the improvement of energy efficiency. Eco-innovation practices can also be used to improve customer satisfaction and loyalty. However, the integration of eco-innovation practices can also be challenging, as organizations must ensure that they are compatible with their existing systems and processes. The book provides guidance on how to overcome these challenges and ensure that eco-innovation practices are successfully integrated into organizational operations.

Effective Management of a Multigenerational Workforce

A multigenerational workforce is a workforce that includes individuals from different generations. Managing a multigenerational workforce can be challenging, as each generation has its own unique set of values, beliefs, and work preferences. The book provides guidance on how to manage a multigenerational workforce effectively, including the use of training and development programs, flexible work arrangements, and employee recognition programs. It also provides guidance on how to address the challenges that can arise when managing a multigenerational workforce, such as age discrimination and generational conflict.

Strategic Interplay between Talent Management and Smart Organizations

Talent management is the process of identifying, developing, and retaining talented individuals. Smart organizations are organizations that are focused on using technology and data to improve their performance and competitiveness. The book explores the strategic interplay between talent management and smart organizations, and how these organizations can work together to achieve their goals. The book provides guidance on how to identify and develop talented individuals, how to retain them, and how to use technology and data to improve their performance. It also provides guidance on how to address the challenges that can arise when managing a multigenerational workforce, such as age discrimination and generational conflict.

Conclusion

Smart/intelligent business and management is a comprehensive exploration of the challenges and issues faced by contemporary organizations. It offers a detailed and up-to-date perspective on theoretical and practical aspects related to the management of dynamic, competitive, and socially responsible organizations. The book covers a wide range of topics, including the strategic integration of smart technologies to enhance competitiveness, the intersection of artificial intelligence, hyper-personalization, and customer-centricity, the transformative impact of Industry 4.0 technologies in manufacturing, agile human resource management, eco-innovation practices, and the effective management of a multigenerational workforce. Additionally, it examines the strategic interplay between talent management and smart organizations, making it an essential guide for navigating the intersection of technology, strategy, and human capital in the contemporary business landscape.

Dimension: 235 x 155 (mm)
ISBN-13: 9783031529894