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Business Excellence and Management
Article . 2024 . Peer-reviewed
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UTILIZATION OF 4IR TECHNOLOGIES TO ENHANCE STRATEGIC INTELLIGENCE AND DYNAMIC CAPABILITIES FOR A SUSTAINABLE COMPETITIVE ADVANTAGE

Authors: Dinko Herman BOIKANYO;

UTILIZATION OF 4IR TECHNOLOGIES TO ENHANCE STRATEGIC INTELLIGENCE AND DYNAMIC CAPABILITIES FOR A SUSTAINABLE COMPETITIVE ADVANTAGE

Abstract

This paper delves into the transformative role of the Fourth Industrial Revolution (4IR) technologies—Artificial Intelligence (AI), the Internet of Things (IoT), Robotics, and Blockchain—in reshaping strategic intelligence and dynamic capabilities in businesses. It presents an in-depth analysis of how these technologies enhance strategic decision-making, predictive analytics, and operational agility, thereby contributing to a sustainable competitive advantage in rapidly evolving markets. The paper also explores the synergistic effects of integrating these technologies and the resulting challenges and opportunities, including cybersecurity risks, workforce displacement, and ethical considerations. Furthermore, it proposes a comprehensive framework that integrates technology adoption with organizational strategy, emphasizing continuous learning, sustainability, and ethical practices. This study concludes by discussing the implications for practitioners and policymakers and suggesting directions for future research, particularly in understanding long-term impacts, cross-industry applications, and societal implications of 4IR technologies. This paper aims to provide valuable insights for businesses and policymakers navigating the complexities of the 4IR era.

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Keywords

fourth industrial revolution (4ir), HF5001-6182, strategic intelligence, Management. Industrial management, competitive advantage, Business, technology integration, HD28-70, dynamic capabilities

  • BIP!
    Impact byBIP!
    selected citations
    These citations are derived from selected sources.
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    3
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Top 10%
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Average
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
3
Top 10%
Average
Average
gold