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Publication date: 13 July 2023

Melike Çirak

Developing and developed countries are working to step up the process of digitalization according to their existing capacities. Digital transformation affects all departments from…

Abstract

Developing and developed countries are working to step up the process of digitalization according to their existing capacities. Digital transformation affects all departments from production to marketing and is correlated with important outcomes such as productivity, performance and efficiency. It is thought that this revision can bring disadvantages along with its many advantages. When the studies are evaluated, it's seen that the revision has an effect on employment. Compulsory changes in management and organization structures, necessity of developing new models in product and production alterations are some of the consequences of the risk due to Industry 4.0. Customer satisfaction, cyber-security dangers, monopolization and tax loss in the country must not be ignored. Within this scope, this chapter focusses on dystopic and Industry 4. It is thought that the dystopic effects of Industry 4 will allow the organizations to provide the necessary preliminary preparations. Major basic factors such as employment technical infrastructure and financial resources, and with the right strategies, can be managed to make it easier for a revolutionary change.

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Two Faces of Digital Transformation
Type: Book
ISBN: 978-1-83753-096-0

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