Petrevska Nechkoska, Renata and Kostoska, Olivera (2019) ADAPTIVE ORGANIZATIONS IN THE DIGITAL AGE: COMPLEXITY, CREATIVITY AND INNOVATION. In: Proc. of the 11th International Conference "Digital Transformation of the Economy and Society: Shaping the Future". Faculty of Economics - Prilep, University "St. Kliment Ohridski" - Bitola, Prilep, North Macedonia, pp. 357-366. ISBN 978-9989-695-65-0

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Adaptive organizations are the contemporary kind of socio-technical systems derived from the need to respond effectively to changes in the dynamic and unpredictable landscape of the digital economy. These organizations are both internetworked and knowledge-driven, and thus responsive to challenges and opportunities of the digital age. The networking capability (e.g. ICT-enabled virtuality, organizational teaming, and knowledge hyperlinking) provides for the adaptive organizations to cope with one of the biggest challenges they face today – complexity. For a small number of businesses, embracing complexity yields a competitive edge in terms of creativity, innovation, information management, and human resources. If we consider our countries, unions, departments, projects as complex adaptive systems, then we need to take into account their specificities to address and guide them properly. This paper looks through the lens of system design, complex adaptive systems, and the tactical management adaptability and effectiveness to provide an analysis of the European (1) strengths in strategy and operations (2) problems in ‘silos’, matrix-organizations, insufficient information and communication flows, current project management and slow risk management (3) example of the freedom of movement for workers (4) ‘business model’, and (5) growth paradigm that need to be fundamentally redefined through the value co-creation and co-evolution. The solutions we provide here are both conceptual (e.g. greater effectiveness delivered through the existing governance structures by drawing attention to the missing link between tactics and empowered project management), and tangible (e.g. methods providing adaptability in dynamic and unpredictable environment that is preserved by continuous Sense-Interpret-Decide-Act (SIDA) Loop and Role-and-Accountability system design, with proper information sensors, emitters and risk management for strategy and tactics).

Item Type: Book Section
Subjects: Scientific Fields (Frascati) > Social Sciences > Economics and Business
Divisions: Faculty of Economics
Depositing User: Mr Dimitar Risteski
Date Deposited: 16 Dec 2019 08:30
Last Modified: 16 Dec 2019 08:30

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