Go offline with the Player FM app!
Episode 2 – Tradition is not a business model (1/2)
Archived series ("Inactive feed" status)
When? This feed was archived on March 05, 2023 05:26 (). Last successful fetch was on May 08, 2020 05:55 ()
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 200353391 series 2115330
Talking about Industrial Revolution 4 people think about robot arms, drones or digital glasses. But implementing these techniques is not the main challenge to most SME (small and medium-sized companies) today.
What they really need is to focus on building a centralized data fundament which is crucial for further standardization and automation of processes and the implementation of new techniques and Cyber Physical Systems.
Another huge issue for companies in times of digitalization is to understand the changing consumer needs and benefits. It does not help you in the future what you have done in the past. Tradition is not a business model. Companies have to analyze and use data so that they can strategically adapt and react to changing consumer needs. In this episode we talk about the disruption of the music industry and why IKEA might become a player in the house-building and construction industry.
Check out #2 Episode of the “WUEconomics – outside the box – Podcast” for more details and insights.
Guest: Prof. Dr. Axel Winkelmann, full professor at the University of Würzburg. He is head of the chair Business Management and Business Information. He is an expert in the field of Information Management, ERP-Systems (Enterprise Resource Planning), Data-Management, and Business Process Standardization.
https://www.wiwi.uni-wuerzburg.de/lehrstuhl/wiinf2/team/lehrstuhlinhaber/prof-dr-axel-winkelmann/
86 episodes
Archived series ("Inactive feed" status)
When? This feed was archived on March 05, 2023 05:26 (). Last successful fetch was on May 08, 2020 05:55 ()
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 200353391 series 2115330
Talking about Industrial Revolution 4 people think about robot arms, drones or digital glasses. But implementing these techniques is not the main challenge to most SME (small and medium-sized companies) today.
What they really need is to focus on building a centralized data fundament which is crucial for further standardization and automation of processes and the implementation of new techniques and Cyber Physical Systems.
Another huge issue for companies in times of digitalization is to understand the changing consumer needs and benefits. It does not help you in the future what you have done in the past. Tradition is not a business model. Companies have to analyze and use data so that they can strategically adapt and react to changing consumer needs. In this episode we talk about the disruption of the music industry and why IKEA might become a player in the house-building and construction industry.
Check out #2 Episode of the “WUEconomics – outside the box – Podcast” for more details and insights.
Guest: Prof. Dr. Axel Winkelmann, full professor at the University of Würzburg. He is head of the chair Business Management and Business Information. He is an expert in the field of Information Management, ERP-Systems (Enterprise Resource Planning), Data-Management, and Business Process Standardization.
https://www.wiwi.uni-wuerzburg.de/lehrstuhl/wiinf2/team/lehrstuhlinhaber/prof-dr-axel-winkelmann/
86 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.