Challenges and opportunities of emerging technologies in strategic management
Emerald insight Ltd ePublications
Item Record
Preview Book
| Publication Year | 2022 |
| Publication Month | December |
| Volume Number | 39 |
| Issue Number | Issue 2 |
| Pages | 24-39 |
| Journal Title | Advances in Strategic Management: A Research Annual |
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| Affiliation(s) | Associate Professor, Faculty of Business Economics, Hasselt University |
| ISSN | 0742-3322 |
| Indexed By | Emerald insight Ltd Online |
| Language | English |
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| Full Text | Full Text.pdf |
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Abstract
This article examines the challenges and opportunities that emerging technologies bring in strategic management. Considering the rapid changes in technology and their impact on businesses, it is essential for managers to know these opportunities and challenges. From the use of drones in livestock management to open innovation in improving strategic performance, new technologies offer both advantages and disadvantages. Referring to various researches, this article examines how companies can take advantage of these opportunities and how they can face the related challenges effectively. The purpose of this article is to provide a comprehensive perspective on the role of emerging technologies in the formation and implementation of business strategies.
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