Business Transformation Towards Digitalization and Smart Systems

Abstract

For easing the Business Transformation and to keep pace with the rapid digital developments by sensitization, potential determination, assessment of existing structures and processes, tailor made blended learning modules for training of employees and managers of SMEs. Impaired impact: Transformation of SME to the developments in the digitalization and smart systems to gain competiveness and profit. There is no digitalization and no digital transformation without digitization (of paper and processes). Digitization is used in many contexts it is very often confounded and/or interchangeably used with digitalization. So, what is digitization? Digitization and digitalization are two conceptual terms that are closely associated and often used interchangeably in a broad range of literatures. There is analytical value in explicitly making a clear distinction between these two terms. Digitization is used in several meanings as said but for me it has two meanings which are closely related with each other. Entrepreneurship key competence refers to an individual’s ability to turn ideas into action. Entrepreneurship formation should offer students tools to be creative, to solve problems efficiently, to analyse a business idea objectively, and to communicate, cooperate, lead, develop and evaluate projects. Formation must be at the core of society’s response to these powerful forces. Innovations and corresponding skills should be used in all sectors of education and training, because technology skills are essential for global citizenship.