Author : D Saravanan 1
Date of Publication :20th September 2017
Abstract: Nearly all uses connected devices, shares information, and builds a network according to specific expectations or desires. The automated cycle is evolving. Anything similar is happening in an industrial environment. For example, the IT and tech sectors in deeply connected economies are already coordinated. Within communities, an organization may play various strategic positions that affect the business strategy of an enterprise. If the company understands this, after evaluating its role in the current environment it can change its approach. A business model is used to execute the approach. This business model will effectively change the role of the enterprise in the environment and will enable digitization to be carried out. The traditional manufacturing industry will change as well. There is therefore a need to combine the transition in business dynamics into strategic decisions, so that they are competitive in the future. The article addresses an approach to handling these changes in the context of the enterprise. The environment concept is carried on to the manufacturing sector. A framework for a clear integration of an environment organization was suggested on the basis of this transition and review.
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