Development of Capacity Through Digital Transformation

Authors

DOI:

https://doi.org/10.46541/978-86-7233-406-7_178

Keywords:

enterprize, development, capacity, innovation, digitalisation, digitalization, enterprise

Abstract

Projected or installed capital serves as a foundation for defining business process' Managing process develop per set laws, where single and total process' of the system have their own algorithms. Management as a generic sum of knowledge is an algorithmic process that ends with a solution - command. Through output, enterprise adapts to its changing environment in which it exists. Mutual connection of process' and actions makes composition in cybernetic array. Algorithm theory has occurred before our findings of cybernetics and it is an introduction in development of digitalization and IT. Digitalization brings to fall of cost of communication and innovative process' gain higher dynamics. It comes to rapid double action of technical progress. Choice is either adaptation or self-speeding competitive development. Who adapts will endure, who fails to do so will parish, will present base of our work.

Author Biographies

Milos Todosijevic, University of Pristina, Faculty of Economics in Kosovska Mitrovica

PhD student at University of Pristina, Faculty of Economics in Kosovska Mitrovica. Owner of cdsportsgroup.

Profesor Radmilo, Retired Rrofessor Emeritus

Former provost of Novi Sad Unviersity. Retired full time professor and former dean of Faculty of Economics in Subotica of Novi Sad University

Snezana Todosijevic Lazovic, University of Pristina, Faculty of Economics in Kosovska Mitrovica

Professor at University of Pristina, Faculty of Economics in Kosovska Mitrovica

Published

2023-01-24

How to Cite

Todosijevic, M., Todosijevic, R., & Todosijevic Lazovic, S. (2023). Development of Capacity Through Digital Transformation. International Scientific Conference Strategic Management and Decision Support Systems in Strategic Management, 14-20. https://doi.org/10.46541/978-86-7233-406-7_178