In the past few weeks, OpenAI has released ChatGPT (Chat Generative Pre-trained Transformer). ChatGPT emerges as a formidable chatbot, surpassing various iterations of the GPT model, and plays a transformative role in user interactions with AI systems. In the dynamic realm of AI technologies, influential applications like ChatGPT, developed by OpenAI, mir□ror the transformative consideration of the simplicity on multiple facets of our daily lives. This potent technology holds the potential for significant positive changes, particularly in healthcare where the introduction of GPT and chatbot models opens promising avenues for disease treatment and technological innovation.
It is with great pleasure that I welcome you to the recently concluded conference, held on May 2–3, 2023, in the beautiful Kingdom of Bahrain. This pivotal conference was focused on “Sustainable Innovations in Management in the Digital Transformation Era”. In an age defined by rapid technological advancements and digital innovation, the way we understand and carry out management is continually evolving. The conference brought together thought leaders, industry professionals, academ□ics, and innovators from around the globe to share insights, exchange ideas, and cata□lyze change. The digital transformation era has not only revolutionized our personal lives but has significantly impacted the business landscape. It became a strategic prior□ity, driving companies to reassess their business models, reinvent their strategies, and redefine their value propositions. Amidst this change, ensuring sustainability, building resilient, adaptable, and future-proof businesses became a central theme.
Become a Digital Master—No Matter What Business You’re In If you think the phrase “going digital” is only relevant for industries like tech, media, and entertainment—think again. In fact, mobile, analytics, social media, sensors, and cloud computing have already fundamentally changed the entire business landscape as we know it—including your industry. The problem is that most accounts of digital in business focus on Silicon Valley stars and tech start-ups. But what about the other 90-plus percent of the economy? In Leading Digital, authors George Westerman, Didier Bonnet, and Andrew McAfee highlight how large companies in traditional industries—from finance to manufacturing to pharmaceuticals—are using digital to gain strategic advantage. They illuminate the principles and practices that lead to successful digital transformation. Based on a study of more than four hundred global firms, including Asian Paints, Burberry, Caesars Entertainment, Codelco, Lloyds Banking Group, Nike, and Pernod Ricard, the book shows what it takes to become a Digital Master. It explains successful transformation in a clear, two-part framework: where to invest in digital capabilities, and how to lead the transformation. Within these parts, you’ll learn: • How to engage better with your customers • How to digitally enhance operations • How to create a digital vision • How to govern your digital activities The book also includes an extensive step-by-step transformation playbook for leaders to follow. Leading Digital is the must-have guide to help your organization survive and thrive in the new, digitally powered, global economy.
Various sectors of emerging markets face unique challenges, largely related to the gap between small and medium-sized enterprise (SME) research and practice. The relationship between SMEs and agriculture, tourism, and other key industries requires a close examination to understand the intricacies of their interplay. An emphasis on the need to bridge this gap, and strategies for scaling up and embedding new sustainability and technology trends into SME strategies is necessary for a healthy growth strategy within emerging markets. Drivers of SME Growth and Sustainability in Emerging Markets is a comprehensive book that delves into the intricate dynamics of small and medium-sized enterprises (SMEs) operating in developing economies. With a focus on a keen awareness of the challenges faced by SMEs, this book offers valuable insights for marketers, entrepreneurs, practitioners, and policy makers seeking to unlock the potential of these vital economic contributors. With a focus on entrepreneurship capacity building and government schemes designed to support SMEs, this book equips readers with the knowledge and tools to create an enabling environment for sustainable SME growth. From identifying bottlenecks and challenges to presenting innovative business models and sustainable practices, this book serves as a vital resource for business students, management faculty, and professionals seeking to navigate the complexities of SMEs in emerging markets.
Advances in digital technologies continue to impact all areas of life, including the business sector. Digital transformation is ascertained to usher in the digitalized economy and involves new concepts and management tools that must be considered in the context of management science and practice. For business leaders to ensure their companies remain competitive and relevant, it is essential for them to utilize these innovative technologies and strategies. The Handbook of Research on Digital Transformation Management and Tools highlights new digital concepts within management, such as digitalization and digital disruption, and addresses the paradigm shift in management science incurred by the digital transformation towards the digitalized economy. Covering a range of important topics such as cultural economy, online consumer behavior, sustainability, and social media, this major reference work is crucial for managers, business owners, researchers, scholars, academicians, practitioners, instructors, and students.
Decision Support Systems for Sustainable Computing investigates recent technological advances in decision support systems models designed to solve real world applications. The book provides a broad overview of digital technology transformation as applied to the circular economy which is seeking to drive improvements in scientific research, communication, logistics, automation, production, and the improved sustainability of these processes and products. The book explores applications of decision support for sustainable development across supply chain management, business intelligence, agriculture, aviation, communications, and finance. - Provides a broad overview of emerging trends and technologies in decision support systems applications - Investigates recent trends and core concepts in digital technology transformation as applied to the circular economy and sustainable development - Analyzes the application of decision support systems models across a range of case studies and processes which rely on multi-criteria decision-making and have been designed specifically to improve overall sustainability
Multinational enterprises must contend with increasingly challenging conditions in the international business environment. This Handbook explores how classic principles of international competitive strategy are transformed in today's markets and provides suggestions on how firms can develop effective strategies to respond to these transformations.
Fostering Sustainable Development in the Age of Technologies highlights the interplay between various disruptive technologies such as Artificial Intelligence, Autonomous robots, Big Data Analytics, Blockchain, Cloud Computing, and Digital Twins, and holistic sustainable development.
Two world-renowned strategists detail the seven leadership imperatives for transforming companies in the new digital era. Digital transformation is critical. But winning in today's world requires more than digitization. It requires understanding that the nature of competitive advantage has shifted—and that being digital is not enough. In Beyond Digital, Paul Leinwand and Matt Mani from Strategy&, PwC's global strategy consulting business, take readers inside twelve companies and how they have navigated through this monumental shift: from Philips's reinvention from a broad conglomerate to a focused health technology player, to Cleveland Clinic's engagement with its broader ecosystem to improve and expand its leading patient care to more locations around the world, to Microsoft's overhaul of its global commercial business to drive customer outcomes. Other case studies include Adobe, Citigroup, Eli Lilly, Hitachi, Honeywell, Inditex, Komatsu, STC Pay, and Titan. Building on a major new body of research, the authors identify the seven imperatives that leaders must follow as the digital age continues to evolve: Reimagine your company's place in the world Embrace and create value via ecosystems Build a system of privileged insights with your customers Make your organization outcome-oriented Invert the focus of your leadership team Reinvent the social contract with your people Disrupt your own leadership approach Together, these seven imperatives comprise a playbook for how leaders can define a bolder purpose and transform their organizations.
