Proceedings of the 48th International Academic Conference, Copenhagen

STRATEGIC REALIGNMENT WITHIN SMART ECOSYSTEMS: ORGANIZATIONAL PREPAREDNESS FOR SMART CITIES AND THE SHARING ECONOMY

MUSABBIR CHOWDHURY

Abstract:

Intelligent technologies such as block chain, internet of things, data analytics, artificial intelligence, and sensor fusion that are all necessary for smart cities and the sharing economy are now wide-spread. The Four Pillars of Productivity (4POP) framework is applied to determine the appropriate business positioning, given that these modern cities will very soon start to emerge and will make even greater use of the sharing economy. The financial gain, convenience, and overall quality of life improvements that the sharing economy can offer need to be fully realized. This will involve the sharing of almost all resources and skills, both in the home and work environments. Alignment with intelligent technology trends are considered; these include coordination of logistics and operations, digital governance, corporate culture, and smart urbanization effects on behavior and business practices. The paper also addresses the increased systematic risk and cybersecurity implications that come with complexity and uncertainty.

Keywords: Smart city, sharing economy, Intelligent technologies, Four Pillars of Productivity Framework

DOI: 10.20472/IAC.2019.048.010

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