The Impact of Digital Enterprise Transformation Strategies on Project Managers' Competencies

The Impact of Digital Enterprise Transformation Strategies on Project Managers' Competencies

Fatma Sena Karal (Turkish-German University, Turkey) and Ayberk Soyer (Istanbul Technical University, Turkey)
DOI: 10.4018/978-1-7998-5015-1.ch014
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Abstract

Faced with the increasing number of challenges that came with globalization, the developed countries have become aware of the insufficiency of traditional production systems and increased investments in technological developments in the production sector. With successive technological developments, the competition in the production sector has increased, and businesses have had to undergo major changes. It was aimed with these changes to respond quickly to dynamic market conditions and customer demands. The project, which was firstly introduced by Germany as Industry 4.0, affects enterprises both technically and socially. Employees have to adapt to digitalized production systems and keep up with technological developments. In a world where inter-business and inter-disciplinary studies and collaborations increase and operations are carried out on a project basis, project managers are obliged to adapt quickly to the continuing digital transformation. In this context, the chapter aimed to identify the impact of digital transformation on project managers' competencies.
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The Responsibilities And Competencies Of Project Managers

Today, almost 25% of global economic activities are carried out with projects (World Bank, 2012; cited by Bredillet et al., 2015). Particularly, the enterprises with high information intensity become project-based in order to adapt quickly to the changing market conditions. As the number of projects increases, the failure rates of the relevant projects increases, and therefore, the need for project managers that have the skills critically required for managing the projects effectively, increases.

Key Terms in this Chapter

Augmented Reality: The assembly of virtual images and real images with the help of object identification technologies.

Decentralized Control: A controlling system in which the units are able to use the communication channels to control their own actions.

Autonomy: The smart actions of a system, using the knowledge gained from itself or its environment without any interference from the outside.

Digital Strategy: A plan of action that utilizes digital resources to achieve a goal.

Innovation Strategy: A plan of action that focuses on the improvement of technology or services.

Artificial Intelligence: Systems that continuously learn by imitating the human mind.

Digital Twin: The virtual equal of a real physical system.

Internet of Things: The smart network formed by the connection and communication between objects.

Digital Enterprise: A business that utilizes technology in its operations.

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