STRATEGIES TO ACHIEVE COMPETITIVE ADVANTAGE IN INDUSTRIAL REVOLUTION 4.0.

Natalia, Irene and Ellitan, Lena (2019) STRATEGIES TO ACHIEVE COMPETITIVE ADVANTAGE IN INDUSTRIAL REVOLUTION 4.0. International Journal of Research Culture Society, 3 (6). pp. 10-16. ISSN 2456-6683

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Abstract

The industrial revolution 4.0 instills intelligent technology that can connect with various fields of human life. The 4.0 industrial revolution will bring many changes with all the consequences, the industry will be increasingly competitive and efficient. Digitalization in various fields will result in cost savings and value creation. This development has made digital capabilities very important to advance in industry 4.0. Industry 4.0 will be a big advantage for companies that fully understand what that means to them. These changes in nature will transcend company boundaries and perhaps the national boundaries of the country where this business applies. Companies that succeed in transforming and meeting the needs of consumers will gain a competitive advantage. Competitive strategy in the face of industrial revolution 4.0 for personal, company and organization is to adapt to existing changes. The creation of sustainable competitive advantages is an important factor in strategic management, because with these competitive advantages companies are able to continue to operate, win competition and achieve company goals.

Item Type: Article
Uncontrolled Keywords: Industrial Revolution 4.0; Digitization; Competitive Strategy; Competitive Advantage.
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HF Commerce
H Social Sciences > HG Finance
T Technology > T Technology (General)
Divisions: Faculty of Business and Economic > Department of Accounting
Depositing User: IRENE NATALIA
Date Deposited: 10 Jul 2019 04:35
Last Modified: 10 Jul 2019 07:40
URI: http://repository.ubaya.ac.id/id/eprint/35009

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