LEAN MANAGEMENT THROUGH DIGITAL TRANSFORMATION: CHALLENGES AND OPPORTUNITIES FOR THE ENERGY AND PUBLIC UTILITIES INDUSTRY

  • Michail K. ANGELOPOULOS Department of Economics, University of Piraeus, Greece
  • Christina A. KONTAKOU Management Organization Unit of Development Programmes Ministry of Development and Investment, Greece
  • Yannis A. POLLALIS Department of Economics, University of Piraeus, Greece

Abstract

In an era of increasing technological transformation, industries, competitors, and companies are combining platforms to create unique methods for engagement. Survival and growth in a rapidly changing marketplace require companies to embrace internal innovation that adds value for both channel members and customers. The fourth industrial revolution has already begun to take shape, on the road to an end-to-end value chain, by using Industrial Internet of Things (IIoT) and decentralized intelligence in manufacturing, production and logistics. The world is heading toward a digitized future. Already, an entire generation has grown up immersed in the digital world.


This paper focus on the following fields: general strategy and procedural aspects of digital transformation, digital transformation and lean, lean digital management, applying lean digital transformation and transformation of enterprise resource planning systems to smart engaged systems. finally, this research studies the challenges of digital transformation in energy industry of utilities.

References

[1] Bharadwaj, A., El Sawy, O., Pavlou, P., Venkatraman, N. 2013. Digital business strategy: toward a next generation of insights. MIS Quart, 37(2): 471–482. DOI: 10.25300/MISQ/2013/37:2.3
[2] Piccinini, E., Gregory, R.W., Kolbe, L.M. 2015a. Changes in the producer- consumer relationship-towards digital transformation. In: Wirtschaftsinformatik Conference, Osnabrück, Germany: AIS Electronic Library, 1634–1648. Available at: https://aisel.aisnet.org/wi2015/109
[3] Fitzgerald, M., Kruschwitz, N., Bonnet, D., Welch, M. 2014. Embracing digital technology: a new strategic imperative. MIT Sloan Management Review, 55(2): 1–12. Available at: https://sloanreview.mit.edu/projects/ embracing-digital-technology/
[4] Westerman, G., Calméjane, C., Bonnet, D., Ferraris, P., McAfee, A. 2011. Digital transformation: A roadmap for billion-dollar organizations. In: MIT Center for Digital Business and Capgemini Consulting, 1–68.
[5] Majchrzak, A., Markus, M.L., Wareham, J. 2016. Designing for digital transformation: Lessons for information systems research from the study of ICT and societal challenges. MIS Quart, 40(2): 267–277. DOI:10.25300/MISQ/2016/40:2.03
[6] Agarwal, R., Guodong, G., Des Roches, C., Jha, A.K. 2010. The digital transformation of healthcare: Current status and the road ahead. Information Systems Research, 21(4): 796–809. DOI: https://doi.org/10.1287/isre.1100.0327
[7] Matt, C., Hess, T., Benlian, A. 2015. Digital transformation strategies. Business & Information Systems Engineering, 57(5): 339–343. DOI: https://doi.org/10.1007/s12599-015-0401-5
[8] Selander, L., Jarvenpaa, S.L. 2016. Digital action repertoires and transforming a social movement organization. MIS Quart. 40(2): 331–352. DOI:10.25300/MISQ/2016/40.2.03
[9] Carlo, J.L., Lyytinen, K., Boland Jr., R.J. 2012. Dialectics of collective minding: contradictory appropriations of information technology in a high-risk project. MIS Quart, 36(4): 1081–1108. DOI: 10.2307/41703499
[10] Karimi, J., Walter, Z. 2015. The role of dynamic capabilities in responding to digital disruption: A factor-based study of the newspaper industry. Journal of Management Information System, 32(1): 39–81. DOI: 10.1080/07421222.2015.1029380
[11] Svahn, F., Mathiassen, L., Lindgren, R. 2017a. Embracing digital innovation in incumbent firms: how Volvo Cars managed competing concerns. MIS Quart, 41 (1): 239–253. DOI: 10.25300/MISQ/2017/41.1.12
[12] McAffee A., Ferraris, P., Bonnet, D., Calméjane, C., and Westerman, G. 2011. Digital transformation: A roadmap for billion-Dollar organizations, MIT Sloan Management.
[13] Kennedy, Michael. 2003. Product Development for the Lean Enterprise. Oaklea Press
[14] Roche, Cecile. 2017. Lean and Digital Transformation: A new golden age?
*** The Digital Enterprise Moving from experimentation to transformation, September 2018 World Economic Forum
*** Digital transformation strategy: the bridges to build, i-SCOOP. Available at: https://www.i- scoop.eu/
*** EY, Insurance in a digital world: The time is now, 2013.
***IHK, Wirtschaft 4.0: GroßeChancen, vielzutun, DeutscherIndustrie- und Handelskammertag, Berlin, 2014.
*** Successful digitalization of business models. Available at: https://www.aoe.com
*** Lean Digital Transformation, Four principles Management Consulting FZ-LLC, @2018.
*** Digital transformation, Prism 2/2017.
*** Paris Agreement, United Nations 2015.
*** The Future of Electricity New Technologies Transforming the GridEdge
*** The Future of Electricity, New Technologies Transforming the Grid Edge, World Economic forum, March 2017.
*** Matt Brown and Ravi Mahendra. Digitalisation is changing the energy landscape, 2019.
*** IEA Digitalisation and Energy 2017.
*** 2019 Global Digital Transformation Benefits Report, Schneider Electric.
*** Unleashing exponential evolution, 2019 ERP Trends, Accenture.
*** Hinchcliffe, Dion. How ERP Will Become the New System of Engagement.
*** Industry White Paper, 2017
*** Building a System of Engagement, 2017. Available at: https://blog.glia.com/building-system- engagement/
*** https://www.etip-snet.eu/etip-snet-vision-2050/
*** https://assets.new.siemens.com/siemens/assets/public.1539348129.a7540193-6085-49ef-a67c-55792bcd7e5 5.ru-en-digitalization-whitepaper.pdf
*** https://energypost.eu/digitalisation-is-changing-the-energy- landscape/
*** https://www.i-scoop.eu/erp-intelligent-erp-smart-factory-supply-chain/
Published
2020-01-16
How to Cite
ANGELOPOULOS, Michail K.; KONTAKOU, Christina A.; POLLALIS, Yannis A.. LEAN MANAGEMENT THROUGH DIGITAL TRANSFORMATION: CHALLENGES AND OPPORTUNITIES FOR THE ENERGY AND PUBLIC UTILITIES INDUSTRY. Journal of Advanced Research in Management, [S.l.], v. 10, n. 2, p. 57-69, jan. 2020. ISSN 2068-7532. Available at: <https://journals.aserspublishing.eu/jarm/article/view/4238>. Date accessed: 06 aug. 2020. doi: https://doi.org/10.14505//jarm.v10.2(20).01.