Strategic Mangement Reivew Article
Strategic Mangement Reivew Article
Strategic Mangement Reivew Article
Introduction
In this time of full competition between firms in the business sector in the world, there is no doubt
that technological innovations play an important role in formulating strategies and even in the
structure of the organization, and with the emergence of Industry 4.0, the Internet of Things, smart
factories, and machine learning, Artificial intelligence (AI), it has led to a qualitative shift in the
method and pattern of work. Companies from a strategic standpoint and internal forces more
precisely. In this paper, we will review the impact of these technological developments on internal
forces and strategic decision-making frameworks and be able to answer about how the technology
effect on the internal audit of the firms, first of all diving in the way and the methodology on how
we select the articles , then what is the internal forces that affect the organization ,after that talking
about the base of technology that playing a critical roll in organization decision and strategic , then
showing case study of competitive firms used technology that improve its performance against
other firms finally its end with conclusion that show the impact of recent technology on internal
forces.
Methodology
Determine research patterns and determine ways for future studies, and in order to determine the
mechanism and scientific methodology for the process of searching for review papers that talk
about the topics of the impact of modern technology on improving the internal factors of any
organization. systematic approach was deemed appropriate because it enhances the overall quality
of the review by using a transparent and easily reproduced procedure (Crossan &Apaydin,2010;
Transfield et al.,2003). The research process begins by determining the date of the targeted articles
from the year 2010 to the year 2024 in schooler ship and scops, and the research process was It
depends on the keywords as Intelligent manufacturing Industry 4.0 Internet of things internal force
organization marketing. Management of the article, then comes the process of determining the
number of articles, which were 10 articles, and then each article talks about the impact of the
technology aspect on the internal factors of the organization.
2. Advanced technologies
Information technologies have allowed significant transformations in the way people work and
hence in organizational forms, routines and functions (Bondarouk et al.,2017). At this time of
complete competition between companies in the world's business sector, there is no doubt
technological innovations play an important role in formulating strategies. Even in the
organization's structure, with the emergence of Industry 4, the Internet of Things, smart factories,
and machine learning (RIFD), have led to a qualitative shift in the method and style of work.
2.1 The Internet of Things (IOT)
The Internet of Things (IoT) is transforming management by providing real-time data,
automating tasks, and promoting efficiency and innovation. It helps with planning,
organizing, motivating, and staffing by forecasting trends and establishing goals. IoT
technologies such as RFID enable better resource management and real-time inventory
tracking. IoT devices also improve working conditions, which boosts job satisfaction and
morale. In addition, IoT can automate tasks, reducing the need for human intervention, as
well as aid in employee recruitment, training and development. In conclusion, IoT is
transforming traditional management functions by providing real-time data, automating
tasks, and opening up new avenues for efficiency and innovation. Managers must adapt
and create new strategies to fully realize the potential of IOT.
2.2 Industry 4.0
The Fourth Industrial Revolution has made significant contributions to the development of
the industry 4.0 model, as well as the integration of digital technologies such as artificial
intelligence and the Internet of Things into manufacturing. How big an impact does it have
on industry and production? To successfully transition to Industry 4.0, businesses must
understand its features and assess their capabilities against its requirements. This will aid
in the development of a transformational roadmap. However, a lack of evaluation
methodologies creates a challenge. Industry 4.0 is expected to have a significant societal
impact as technologies like robotics, autonomous systems, and 3D printing become more
common in manufacturing. This transformation will have an impact on social aspects such
as wearable Internet, big data analytics, and smart city applications.
Conclusion
The review article examines how key technological developments such as Industry 4.0, the
Internet of Things (IoT), radio frequency identification (RFID), artificial intelligence, and
machine learning affect organizational structures and strategic planning. The Resource
Based View (RBV) is used to evaluate firms' internal audits, emphasizing the importance
of internal resources and capabilities in gaining long-term competitive advantages. IoT is
recognized as a transformative force in management, providing real-time data, task
automation, and increased efficiency. The paper also includes case studies of companies
that used technology to improve their competitive performance. Industry 4.0, driven by the
fourth industrial revolution, is known for having a significant impact on industries and
production through the integration of digital technologies. However, the implementation
of AI in some applications is still considered insufficient. The paper concludes by stating
that businesses must understand these technological features and evaluate their capabilities
against them in order to develop a transformational roadmap.
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