Factors of Digitalization in Providing Sustainable Organizations’ Development

The market environment where enterprises function is a dynamically developing system today. Therefore, sustainability of the enterprise is one of the essential characteristics of organization competitiveness in market economy. The article studies different aspects of enterprise sustainability. It sh...

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Autores principales: E. U. Ganshina, I. L. Smirnova, S. P. Ivanova
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Lenguaje:RU
Publicado: Plekhanov Russian University of Economics 2020
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Acceso en línea:https://doaj.org/article/52575a099f0d4610bc12ebad0f7bfb39
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spelling oai:doaj.org-article:52575a099f0d4610bc12ebad0f7bfb392021-11-15T05:20:49ZFactors of Digitalization in Providing Sustainable Organizations’ Development2413-28292587-925110.21686/2413-2829-2020-2-5-12https://doaj.org/article/52575a099f0d4610bc12ebad0f7bfb392020-04-01T00:00:00Zhttps://vest.rea.ru/jour/article/view/839https://doaj.org/toc/2413-2829https://doaj.org/toc/2587-9251The market environment where enterprises function is a dynamically developing system today. Therefore, sustainability of the enterprise is one of the essential characteristics of organization competitiveness in market economy. The article studies different aspects of enterprise sustainability. It shows that the higher sustainability the enterprise possesses, the lower impact it can experience on the part of unpredictable changes of market situation, political instability and various exogenous and endogenous factors. Due to this, risks of losing balance and facing bankruptcy are declining. Digitalization of equipment and whole factories can provide restructuring of the model in accordance with changing structures of global market, where we can observe the trend of transforming the product-supplier business-model into complex solution supplier. The authors propose to consider technologies of Industry 4.0 as instruments necessary to secure sustainability in organizations and give concrete examples of using digital tools at the enterprise. In case transformation of the business-model is carried out with due regard to the experience accumulated in the organization, factors and tools of digitalization can be necessary and even vital for sustainable development of the organization.E. U. GanshinaI. L. SmirnovaS. P. IvanovaPlekhanov Russian University of Economicsarticledigitalizationbusiness-modeltransformationsustainable developmentorganization sustainabilityinvestmentEconomics as a scienceHB71-74RUВестник Российского экономического университета имени Г. В. Плеханова, Vol 0, Iss 2, Pp 5-12 (2020)
institution DOAJ
collection DOAJ
language RU
topic digitalization
business-model
transformation
sustainable development
organization sustainability
investment
Economics as a science
HB71-74
spellingShingle digitalization
business-model
transformation
sustainable development
organization sustainability
investment
Economics as a science
HB71-74
E. U. Ganshina
I. L. Smirnova
S. P. Ivanova
Factors of Digitalization in Providing Sustainable Organizations’ Development
description The market environment where enterprises function is a dynamically developing system today. Therefore, sustainability of the enterprise is one of the essential characteristics of organization competitiveness in market economy. The article studies different aspects of enterprise sustainability. It shows that the higher sustainability the enterprise possesses, the lower impact it can experience on the part of unpredictable changes of market situation, political instability and various exogenous and endogenous factors. Due to this, risks of losing balance and facing bankruptcy are declining. Digitalization of equipment and whole factories can provide restructuring of the model in accordance with changing structures of global market, where we can observe the trend of transforming the product-supplier business-model into complex solution supplier. The authors propose to consider technologies of Industry 4.0 as instruments necessary to secure sustainability in organizations and give concrete examples of using digital tools at the enterprise. In case transformation of the business-model is carried out with due regard to the experience accumulated in the organization, factors and tools of digitalization can be necessary and even vital for sustainable development of the organization.
format article
author E. U. Ganshina
I. L. Smirnova
S. P. Ivanova
author_facet E. U. Ganshina
I. L. Smirnova
S. P. Ivanova
author_sort E. U. Ganshina
title Factors of Digitalization in Providing Sustainable Organizations’ Development
title_short Factors of Digitalization in Providing Sustainable Organizations’ Development
title_full Factors of Digitalization in Providing Sustainable Organizations’ Development
title_fullStr Factors of Digitalization in Providing Sustainable Organizations’ Development
title_full_unstemmed Factors of Digitalization in Providing Sustainable Organizations’ Development
title_sort factors of digitalization in providing sustainable organizations’ development
publisher Plekhanov Russian University of Economics
publishDate 2020
url https://doaj.org/article/52575a099f0d4610bc12ebad0f7bfb39
work_keys_str_mv AT euganshina factorsofdigitalizationinprovidingsustainableorganizationsdevelopment
AT ilsmirnova factorsofdigitalizationinprovidingsustainableorganizationsdevelopment
AT spivanova factorsofdigitalizationinprovidingsustainableorganizationsdevelopment
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