Virtual Economics (Apr 2019)

Challenges facing management practice in the light of Industry 4.0: The example of Poland

  • Radoslaw Miskiewicz

DOI
https://doi.org/10.34021/ve.2019.02.02(2)
Journal volume & issue
Vol. 2, no. 2
pp. 37 – 47

Abstract

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The article outlines selected challenges brought by Industry 4.0 as well as consequences for Polish businesses in the modern process of their management. The concept is based on a close connection between physical objects and information network. Sophisticated networks of businesses are being created, connected with smart resources communicating via the Internet. This means cooperation within implemented cyber-physical systems affecting a company's environment, its production model, a value-added chain of business processes and organisational structure.

Keywords