Open AccessTechnology Resilience and the S.T.O.R.M. Factory
Author(s) -
Marco Pironti,
Paola Pisano,
Armando Papa
Publication year - 2018
Publication title -
symphonya
Language(s) - English
Resource type - Journals
eISSN - 1593-0319
pISSN - 1593-0300
DOI - 10.4468/2018.02.09
Subject(s) - business process reengineering , factory (object oriented programming) , process management , adaptability , resilience (materials science) , business , macro , dual (grammatical number) , corporate governance , business model , industrial organization , perspective (graphical) , operations management , computer science , engineering , marketing , management , economics , literature , finance , art , physics , lean manufacturing , artificial intelligence , thermodynamics , programming language
Opportunities opened up by the Industry 4.0 paradigm are related to the acceleration of flexible and open business planning and governance mechanisms to foster the adaptability of the value chain to the rapid changes during ongoing operations by reducing gaps and controlling efforts. The constant search for a dual perspective (short- to medium/long term) and a twofold equilibrium (micro and macro vs. internal and external) is creating new challenges for sustainable business models. The Self-Tuning Open Reengineering Model (STORM) is well suited to explain the organizational behaviours of both industrial and craftsman firms in terms of the strategic and operational aspects of the smart factory paradigm.