culture

The assertion “Our people are what set us apart from our rivals” is a common statement made by nearly every company, highlighting the significance of their people as the most valuable asset. Similarly, a corporate culture emphasizing risk awareness and learning from experiences has played a key role in shaping supply chain resilience (SCRES) amidst competitive dynamics in response to the COVID-19 pandemic. Employee engagement, communication, and collaboration, as dimensions of SC risk awareness, determine the effectiveness of firms’ cultures in handling large-scale disruptions with robustness and agility. Additionally, the COVID-19 crisis has had a positive impact on firms’ learning orientation. The crucial necessity of digital supply chain (SC) transformation to enhance SCRES under pandemic conditions has further reinforced the need for dynamic adaptation and reconfiguration of firms’ culture and employee skillsets through digital upskilling.

The story behind “Industry 4.0” has a much bigger scope as it is talked about, according to the authors particularly in the management of small and medium-sized enterprises (SMEs). For this reason the paper on one hand lists the essential prerequisites for Industry 4.0, on the other hand it describes the features of the “Digitalisation” which make the upcoming move revolutionary. A consequent digitalisation of processes in organisations in terms of automation takes away people’s effort for decision-making as well as semi-autonomous, networked artificial intelligence (AI) does. This facilitates and irritates participants of organisation equally. The digital transformation will have consequences for production and organisation therefore, i.e. this change will influence technology and corporate culture.