The concept of a digital enterprise and its visualisation
Digitization is moving most business processes into the virtual arena. The fact is that digitized companies and new concepts of organizational functioning are creating our new reality. Defining the meaning of the term digitalization creates a lot of controversy, which reflects the fact that it is a...
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| Format: | Article |
| Language: | English |
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Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac
2020-01-01
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| Series: | Trendovi u Poslovanju |
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| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2020/2334-816X2001075V.pdf |
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| _version_ | 1823859848451719168 |
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| author | Vučeković Miloš Radović-Marković Mirjana Marković Dušan |
| author_facet | Vučeković Miloš Radović-Marković Mirjana Marković Dušan |
| author_sort | Vučeković Miloš |
| collection | DOAJ |
| description | Digitization is moving most business processes into the virtual arena. The fact is that digitized companies and new concepts of organizational functioning are creating our new reality. Defining the meaning of the term digitalization creates a lot of controversy, which reflects the fact that it is a relatively new concept where there is no consensus and common understanding. Some of these controversies focus on whether the term should describe the use of digital technology to change certain business operations or create brand new business models. Notwithstanding these differences in approach, the aim of this paper is to show that digital transformation is an inevitability in contemporary business driven by the evolution of the new digital technology. Accordingly, the paper points to the specifics of the functioning of organization in terms of organizational structure, communication methods, employee agility and virtual team formation. It concludes that businesses that do not adapt quickly enough to new technologies that affect business and society can very quickly fall out of business because of product obsolescence. |
| format | Article |
| id | doaj-art-9a78cc878fa740a78203357448ba5008 |
| institution | Kabale University |
| issn | 2334-816X 2334-8356 |
| language | English |
| publishDate | 2020-01-01 |
| publisher | Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac |
| record_format | Article |
| series | Trendovi u Poslovanju |
| spelling | doaj-art-9a78cc878fa740a78203357448ba50082025-02-10T19:38:26ZengVisoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, KruševacTrendovi u Poslovanju2334-816X2334-83562020-01-018175822334-816X2001075VThe concept of a digital enterprise and its visualisationVučeković Miloš0Radović-Marković Mirjana1https://orcid.org/0000-0003-2002-8732Marković Dušan2Singidunum univerzitet, Beograd, SerbiaInstitut ekonomskih nauka, Beograd, SerbiaBeogradska poslovna akademija, Beograd, SerbiaDigitization is moving most business processes into the virtual arena. The fact is that digitized companies and new concepts of organizational functioning are creating our new reality. Defining the meaning of the term digitalization creates a lot of controversy, which reflects the fact that it is a relatively new concept where there is no consensus and common understanding. Some of these controversies focus on whether the term should describe the use of digital technology to change certain business operations or create brand new business models. Notwithstanding these differences in approach, the aim of this paper is to show that digital transformation is an inevitability in contemporary business driven by the evolution of the new digital technology. Accordingly, the paper points to the specifics of the functioning of organization in terms of organizational structure, communication methods, employee agility and virtual team formation. It concludes that businesses that do not adapt quickly enough to new technologies that affect business and society can very quickly fall out of business because of product obsolescence.https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2020/2334-816X2001075V.pdfdigitizationvirtualizationenterpriseagilitycommunication |
| spellingShingle | Vučeković Miloš Radović-Marković Mirjana Marković Dušan The concept of a digital enterprise and its visualisation Trendovi u Poslovanju digitization virtualization enterprise agility communication |
| title | The concept of a digital enterprise and its visualisation |
| title_full | The concept of a digital enterprise and its visualisation |
| title_fullStr | The concept of a digital enterprise and its visualisation |
| title_full_unstemmed | The concept of a digital enterprise and its visualisation |
| title_short | The concept of a digital enterprise and its visualisation |
| title_sort | concept of a digital enterprise and its visualisation |
| topic | digitization virtualization enterprise agility communication |
| url | https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2020/2334-816X2001075V.pdf |
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