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Digital Transformation and Lean Management. Challenges in the Energy Industry of Utilities. A Review

Author

Listed:
  • Angelopoulos, Michail
  • Kontakou, Christina
  • Pollalis, Yannis

Abstract

In an era of increasing technological transformation, industries, competitors, and companies are combining platforms to create unique methods for engagement. Survival and growth in a rapidly changing marketplace require companies to embrace internal innovation that adds value for both channel members and customers. The fourth industrial revolution has already begun to take shape, on the road to an end-to-end value chain, by using Industrial Internet of Things (IIoT) and decentralized intelligence in manufacturing, production and logistics. The world is heading toward a digitized future. Already, an entire generation has grown up immersed in the digital world. This paper focus on the following fields: General Strategy and Procedural Aspects of Digital Transformation, Digital Transformation and Lean, Lean Digital Management, Applying Lean Digital Transformation and Transformation of Enterprise Resource Planning Systems to Smart Engaged Systems. Finally, this research study the challenges of Digital Transformation in Energy Industry of Utilities.

Suggested Citation

  • Angelopoulos, Michail & Kontakou, Christina & Pollalis, Yannis, 2019. "Digital Transformation and Lean Management. Challenges in the Energy Industry of Utilities. A Review," MPRA Paper 95523, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:95523
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    File URL: https://mpra.ub.uni-muenchen.de/95523/1/MPRA_paper_95523.pdf
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    References listed on IDEAS

    as
    1. Matt, C. & Hess, Thomas & Benlian, Alexander, 2015. "Digital Transformation Strategies," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 75002, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    2. Ritu Agarwal & Guodong (Gordon) Gao & Catherine DesRoches & Ashish K. Jha, 2010. "Research Commentary ---The Digital Transformation of Healthcare: Current Status and the Road Ahead," Information Systems Research, INFORMS, vol. 21(4), pages 796-809, December.
    3. Christian Matt & Thomas Hess & Alexander Benlian, 2015. "Digital Transformation Strategies," Business & Information Systems Engineering: The International Journal of WIRTSCHAFTSINFORMATIK, Springer;Gesellschaft für Informatik e.V. (GI), vol. 57(5), pages 339-343, October.
    4. Matt, C. & Hess, Thomas & Benlian, Alexander, 2015. "Digital Transformation Strategies," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 75202, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Mohammed Muneerali Thottoli & Md. Aminul Islam & Mohd Faizal bin Yusof & Md. Sharif Hassan & Md. Arif Hassan, 2023. "Embracing Digital Transformation in Financial Services: From Past to Future," SAGE Open, , vol. 13(4), pages 21582440231, December.

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    More about this item

    Keywords

    Digital Transformation; Lean; Lean Digital Management; Digital Transformation in Energy;
    All these keywords.

    JEL classification:

    • L00 - Industrial Organization - - General - - - General
    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • M0 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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