Business Transformations: Inevitable Changes of the Era

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Author(s): Mohsen Rajabi (Tehran University, Iran)and Alireza Bolhari (Islamic Azad University, Iran)
Copyright: 2015
Pages: 26
Source title: Optimization of Supply Chain Management in Contemporary Organizations
Source Author(s)/Editor(s): Ehap Sabri (JDA Software, USA & University of Texas at Dallas, USA)
DOI: 10.4018/978-1-4666-8228-3.ch003

Keywords: Business & Management / Business Science Reference / Management Science / Supply Chain Management

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Abstract

Recent years have been observing the drastic changes in trends toward business environment. Novel parameters affecting businesses make them remain with two choices: adapt or perish. The fact that a once-thriving company like Nokia could not last in the market would provide a factual example of how the new business environment may be challenging. Business transformation is a term with ranges of definitions: an ultimate change in organizational process, which was caused by or resulted in a basic major alteration in structure, processes, and behaviors. It relates to new ideas, strategies, and management processes. Strategies not only affect the inner side of the company but also have peripheral consequences on the total supply chain. The chapter is an exertion to introduce some of the foremost factors on which businesses are being influenced, such as the Internet, e-business, globalization, etc. In addition, the relationships between supply chain management and business transformation and the reciprocal impacts are studied.

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