THE VALUE CHAIN OF COMPETENCY MODEL FOR VIETNAMESE EDUCATIONAL MANAGERS IN THE INDUSTRY 4.0 REVOLUTION ERA

2018 ◽  
Author(s):  
Le Thi My Hanh ◽  
Luis Alfaro ◽  
Tran Phuong Thao
Keyword(s):  
Value Chain ◽  
Industry 4.0 ◽  
Global Economy ◽  
Value Added ◽  
Chain Model ◽  
Individual Level ◽  
The Social ◽  
Comprehensive Development ◽  
Model Of Competency ◽  
Personal Competencies

This world is constantly changing and rapidly moving,-particular in the Industry 4.0 revolution, people must change to follow and keeping with this new trend. Education is the human foundation toward the “Truth - Good - Beautiful”, and comprehensive development of personal competencies as knowledge, skills and behaviors. A nation, such as Vietnam, if they want to integrate into global economy and affirming their position, they will need the “Talented - Virtuous” human resource who could meet the high demand of society. The purpose of this study was to propose a model of competency value chain at individual level for the educational managers, analyzing some factors of this value chain model and how to apply to Vietnamese education system in the fourth Industry era. The authors wanted to focus on the social value added that the educational managers’competency could bring as the result of this research.

scholarly journals Industry 4.0 and Developing Countries: Innovation Perspective of Ethiopia, India and Bangladesh

2020 ◽  
Vol 6 (6) ◽  
pp. 62-70
Author(s):  
Amrut Rao ◽  
Ravindra Pathak ◽  
Ashraf Mahmud Rayed
Keyword(s):  
Developing Countries ◽  
Industry 4.0 ◽  
Global Economy ◽  
Information Technologies ◽  
Technological Development ◽  
Value Added ◽  
Developed Countries ◽  
Intelligent Manufacturing ◽  
Smart Manufacturing ◽  
Efficient Production

Ethiopia, India and Bangladesh are raising economic power, but have not yet integrated very much with the global economy and still have not achieved their potential in context of technology, globalization, and international competitiveness like developed countries. These countries have much strength, but at the same time , are facing many challenges in the increasingly competitive and fast changing global economy. The main key strengths of these courtiers are their large domestic market, young and growing population, a strong private sector with experience in market institutions, and a well developed legal and financial system. In today’s environment of global competition, technological development and innovation; companies, especially manufacturing, are forced to reconfigure their manufacturing and management processes. Industry 4.0 and intelligent manufacturing are part of a transformation, in which manufacturing and information technologies have been integrated to create innovative systems of manufacturing, management and ways of doing business. This system allows optimizing manufacturing, to achieve greater flexibility, efficient production processes and generate a value added proposal for their customers, as well as to provide a timely response to their market needs. The objective of this work is to explore the Industry 4.0, smart manufacturing, environment requirement and relation of innovation in perspective of developing countries.

scholarly journals How the global economy reflected the year of the pandemic

2021 ◽  
Vol 129 ◽  
pp. 01014
Author(s):  
Vladislav Kaputa ◽  
Frederik Kvočák ◽  
Miroslava Triznová ◽  
Andrej Tomić ◽  
Hana Maťová
Keyword(s):  
Global Economy ◽  
Value Added ◽  
Point Of View ◽  
Environmental Aspects ◽  
Data Comparison ◽  
The Social ◽  
Macroeconomic Indicators ◽  
The Individual ◽  
Reduced Mobility ◽  
The Impact

Research background: The coronavirus pandemic in 2020 had a significant impact on all aspects of life, from the point of view of the individual by forcing social isolation, moving work and study to the home, enormous pressure on the social and health system, but also by forcing closures of services and direct contact with customers. These, as well as other factors, have also had an impact on the performance of economies around the world. Purpose of the article: The paper aims to evaluate the development of the world's major economies in terms of macroeconomic indicators and foreign trade in the pandemic period and previous periods. The social and environmental aspects of the impact of the pandemic on selected economies are also reflected. Methods: Analysis of the main macroeconomic data, comparison and synthesis of findings. Findings & Value added: The interdependence of economies and interconnectedness of markets on transport routes associated with reduced mobility, forced isolation of people and death of economic activity had a significant impact on all the observed indicators, where a significant decline in GDP could be observed in all countries except China. This country was the only one that managed to keep GDP growth in positive numbers. Unemployment development was not equal in the observed economies due to different labour market environment. On the contrary, the environment has benefited in some way.

scholarly journals Interdisciplinary approaches to the new paradigm of the global financial and monetary architecture after the Covid 19 pandemic crisis in correlation with the social problems in the EU countries

2021 ◽  
Vol 129 ◽  
pp. 01008
Author(s):  
Ghenadie Ciobanu ◽  
Raluca Florentina Cretu ◽  
Mihai Dinu ◽  
Florin Dobre
Keyword(s):  
Global Economy ◽  
Social Systems ◽  
National Level ◽  
Value Added ◽  
Economic Problem ◽  
New Paradigm ◽  
Interdisciplinary Approaches ◽  
The Social ◽  
The World ◽  
The Impact

Research background: How will the world change after the pandemic? What will be the trends of the global economy after the pandemic in the conditions of digital transformations and the impact of other cutting-edge technologies that will change both the global paradigms of the world economy and the global financial and monetary architecture? It is a problem both globally and in each country. Purpose of the article: In this article we aim to examine the processes of transformation of the financial architecture worldwide in the current conditions of financial-monetary globalization, but also of the revolutionary transformations of digitalization and cybersecurity of national, regional, and global financial systems. Research method: We start from the historical approach of the world financial and monetary phenomenon in correlation with the social evolutions. Another method of research is longitudinal: the study of the world financial and monetary phenomenon in time in the context of building the new paradigm of development at the global level with the transition of building paradigms at the national level. In this context, the statistical method and the method of collecting statistical information are also necessary. Findings & Value added: In the conditions when many countries face various serious problems of social, demographic, mass population migration, imbalances in labor markets, declining quality of life, the new international financial-monetary paradigms, but also regional and national ones demand to be correlated by promoting current policies and building economic, financial-monetary and social systems that correspond to solving these socio-economic problem.

Technodata and the Need of a Responsible Industry 4.0

2019 ◽  
pp. 1-19 ◽  
Author(s):  
Raúl Tabarés Gutiérrez ◽  
Javier Echeverría Ezponda
Keyword(s):  
Value Chain ◽  
Industry 4.0 ◽  
Global Economy ◽  
Policy Support ◽  
Labor Rights ◽  
Competitive Advantages ◽  
New Paradigm ◽  
Trace Back ◽  
European Industry

The great transformation that will face European industry is driven by the need of digitizing the entire value chain around manufacturing for creating competitive advantages to maintain a dominant position in the global economy. This new paradigm is commonly known as Industry 4.0, and it has a significant policy support from the European Commission as well as different member states. However, this transition is full of uncertainties as the digitization of industry creates different concerns about employment, privacy, labor rights, and other issues related with this technological revolution. In this chapter, the authors trace back the origins of Industry 4.0 to the Web 2.0 phenomenon as well as they reflect upon the role of technodata and technofactories in a postindustrial society. Finally, they stress the need to reflect about developing a responsible digitization of industry that will consider societal concerns.

scholarly journals Selection of the ERP System with Regard to the Global 4th Industrial Revolution

2021 ◽  
Vol 92 ◽  
pp. 04019
Author(s):  
Martin Polivka ◽  
Lilia Dvorakova
Keyword(s):  
Information And Communication Technologies ◽  
Enterprise Resource Planning ◽  
Industry 4.0 ◽  
Global Economy ◽  
Industrial Revolution ◽  
Value Added ◽  
Resource Planning ◽  
Support Tool ◽  
New Era ◽  
Erp System

Research background: So-called Fourth industrial revolution, triggered by the massive development of information and communication technologies and leading to the new era of manufacturing and logistics known as Industry 4.0, is definitely an important topic across the global economy. Besides their other effects, technologies of the Industry 4.0 have a significant impact on the IT landscape of organizations, including the central part of this landscape – Enterprise Resource Planning (ERP) systems. It is, therefore, important for organizations to take this fact into measure when selecting a new ERP system. Purpose of the article: The aim of the presented research was to propose set of criteria, which could be used by the organization during the choice process of new ERP system in order to evaluate the readiness of every candidate for the challenges related to the Industry 4.0. Methods: Development of the criteria set was based on analysis and evaluation of two main areas – firstly, the content of the Industry 4.0 and its particular technologies, and secondly the tasks which should be performed by the modern ERP system. Requirements arising from these two areas were then merged together into one set of criteria. Findings & Value added: Result of the presented research is a comprehensive and easy-to-use set of criteria, which can be used as a decision-making support tool in the business practice.

scholarly journals The Economic Aspect of Digital Sustainability: A Systematic Review

2021 ◽  
Vol 13 (15) ◽  
pp. 8241
Author(s):  
Livio Cricelli ◽  
Serena Strazzullo
Keyword(s):  
Value Chain ◽  
Industry 4.0 ◽  
Global Economy ◽  
New Technologies ◽  
Descriptive Analysis ◽  
Digital Technologies ◽  
Production Cycle ◽  
Environmental Aspects ◽  
Systematic Analysis ◽  
Innovation And Entrepreneurship

In recent years, sustainability and Industry 4.0 have become crucial aspects of the global economy. Numerous studies focus on the link between environmental aspects of sustainability and Industry 4.0. On the contrary, few studies address the issue of the integration of economic sustainability and digital technologies. This paper aims to fill this gap through a systematic analysis of the literature. In particular, 32 articles were selected and following a descriptive analysis to evaluate the evolution of the theme, a content analysis was performed. The findings of this study highlight and categorize the main sustainability metrics associated with digital technologies. Specifically, the digitalization process enhances the connection of products and factories, the value chain and users to achieve a production cycle as sustainable as possible. The new technologies developed allow companies to foster innovation and entrepreneurship, increase the market share, reduce energy waste, recover and reuse the material, etc. Finally, managerial and academic contributions were identified.

scholarly journals The voluntary disclosure of the value added statement in annual reports of Italian listed companies

2010 ◽  
Vol 56 (No. 8) ◽  
pp. 368-378 ◽  
Author(s):  
G. Ianniello
Keyword(s):  
Voluntary Disclosure ◽  
Global Economy ◽  
Value Added ◽  
Financial Statements ◽  
Listed Companies ◽  
Annual Reports ◽  
General Process ◽  
The Social ◽  
Theoretical Issues

The paper examines some of the theoretical issues regarding the publication of the value added statement as a voluntary disclosure in the process of accounting communication. The social and economic motivation to use value added reporting is linked to the general process of disclosing financial information in a certain business and cultural environment. In this framework, a question arises about the possible role of the value added statement as a way of accounting communication in the global economy. A survey of 211 published financial statements for the fiscal period 2003 of Italian listed companies shows that the publication of the value added statement in the annual reports is a marginal phenomenon. However, the industrial and services firms voluntarily present in their annual report and income statements rearranged to expose the (industrial) value added by only looking at the production perspective, with a possible interpretation in terms of cost efficiency.  

scholarly journals The Role and Impact of Industry 4.0 and the Internet of Things on the Business Strategy of the Value Chain—The Case of Hungary

2018 ◽  
Vol 10 (10) ◽  
pp. 3491 ◽  
Author(s):  
Judit Nagy ◽  
Judit Oláh ◽  
Edina Erdei ◽  
Domicián Máté ◽  
József Popp
Keyword(s):  
Internet Of Things ◽  
Value Chain ◽  
Industry 4.0 ◽  
Economies Of Scale ◽  
Efficient Production ◽  
Chain Model ◽  
Primary Role ◽  
Time Data ◽  
Critical Issues ◽  
The Impact

In the era of industrial digitalization, companies are increasingly investing in tools and solutions that allow their processes, machines, employees, and even the products themselves, to be integrated into a single integrated network for data collection, data analysis, the evaluation of company development, and performance improvement. To study the impact of Industry 4.0 on the company we used Porter’s (1985) value chain model, which is particularly useful when paying particular attention to corporate areas which have a primary role in customer value creation. Since the primary impact of Industry 4.0 is perceived in value-creating processes, and has so far had the greatest transformative effect in this area, the model can be considered to be appropriate. The objective of our research is to discover how companies operating in Hungary interpret the phenomenon of Industry 4.0, what Internet of Things (IoT) tools they use to support their processes, and what critical issues they face during adaptation. We applied a dual methodology in our investigation: We sent an online questionnaire to manufacturing and logistical service companies to investigate the IoT tools they use, and the problems they face, and received 43 answers we could evaluate. We also conducted four expert interviews with manufacturing firms to get deeper insights into the application, critical issues and development phases of IoT tools. During our research, we found that the spread of real-time data across companies—given the availability of appropriate analytical tools and methods—can have a significant impact on the entire company. In the case of CPS (Cyber Physical System), CPPS and Big Data Technologies, companies using them have been evaluated as having a higher level of logistic service, more efficient processes with their partners, improved cooperation between certain logistic functions, and higher market and financial performance and competitiveness. Applying more efficient production processes, and achieving better productivity and economies of scale, might also result in increased economic sustainability. Furthermore, we have found that companies have started on the path to digital evolution, and investments of this type have already begun.

Technodata and the Need of a Responsible Industry 4.0

2021 ◽  
pp. 1788-1806
Author(s):  
Raúl Tabarés Gutiérrez ◽  
Javier Echeverría Ezponda
Keyword(s):  
Value Chain ◽  
Industry 4.0 ◽  
Global Economy ◽  
Policy Support ◽  
Labor Rights ◽  
Competitive Advantages ◽  
New Paradigm ◽  
Trace Back ◽  
European Industry

The great transformation that will face European industry is driven by the need of digitizing the entire value chain around manufacturing for creating competitive advantages to maintain a dominant position in the global economy. This new paradigm is commonly known as Industry 4.0, and it has a significant policy support from the European Commission as well as different member states. However, this transition is full of uncertainties as the digitization of industry creates different concerns about employment, privacy, labor rights, and other issues related with this technological revolution. In this chapter, the authors trace back the origins of Industry 4.0 to the Web 2.0 phenomenon as well as they reflect upon the role of technodata and technofactories in a postindustrial society. Finally, they stress the need to reflect about developing a responsible digitization of industry that will consider societal concerns.

Value Innovation Study in Service Manufacturing Mode

2014 ◽  
Vol 1006-1007 ◽  
pp. 1156-1160
Author(s):  
Qing Yong Cui ◽  
Kai Chao Yu ◽  
Zhi Jia Sun ◽  
Shu Xin Zhang ◽  
Xue Fei Wang
Keyword(s):  
Value Chain ◽  
Value Added ◽  
Development Trend ◽  
Chain Model ◽  
Key Factors ◽  
Value Innovation ◽  
Service Production ◽  
Value Added Model ◽  
Innovation Study ◽  
Manufacturing Mode

As manufacturing and service integrate, service manufacturing has been a new trend in the revolution of manufacturing enterprise. Based on value evolution mechanism, this essay puts main efforts in analyzing the elements, structures and development trend of service manufacturing, and advances a three-layer value chain model based on service production activities, productive service activities and customers' all way participation. Lastly, this essay establishes a three-layer value-added model of service manufacturing value chain, and puts forward six key factors to realize value-added of service manufacturing value chain.

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