Executive Education

SMART INDUSTRY & DIGITAL TRENDS

Digital products and services are an integral part of the everyday lives of individuals and organizations. The impact of digitalization is tremendous, forcing organizations to react upon changing business rules and to leverage digital technologies. Given the substantial importance of the manufacturing sector contributing about one third to the German gross domestic product and accounting for about one quarter of employment, the module puts a special focus on smart digital solutions in the industrial sector and Industry 4.0.

The module covers the basic and future-oriented concepts of digitalization in industry, economy, and society. The potentials and limits as well as the induced challenges of digital trends especially for industrial (and other) companies are discussed using scientific and practical analytical frameworks and methods. The goal is for students to learn these concepts, frameworks and methods and to practice their application to cases.

Contact

Amanguli Yasheng

 +49 69 798 33516

 E-Mail

Course
Format

This course is offered in the part-time Master of Digital Transformation Management MBA program and may be attended on a “no credit” basis by individuals not enrolled in the program. Course participants are visitors who are not responsible for assignments and do not take an exam or earn academic credits. As the number of seats in the course is limited, we recommend to register online early.

Learning
Objectives

Upon completion of this course, you will:

Know the technological basics of digital systems (e.g., internet of things, smart connected products, cyber-physical systems, sensor networks, advances analytics)


Understand current digitization trends in industry and beyond (e.g., hybrid product-service value propositions, extended customer interaction, decentralization, networking in value systems and ecosystems)


 Analyze the potential and challenges of digital trends in different sectors of the economy (e.g., potential with regards to productivity, mass customization, quality, new revenue streams; challenges with regards to socio-technical implementation, skills, data access, privacy, cost-benefit- risk management)


 Understand the basic building blocks of organizations and work systems and their interplay (e.g., interplay of processes, people, information, and technology in discrete manufacturing and logistics)


 Critically assess overall concepts such as Industry 4.0 and its sub-concepts (e.g., novelty of digitalization, revolutionary aspects of the fourth industrial revolution, maturity of standardization efforts)


Understand the ethical and societal dimensions behind smart industry (e.g., digital divide, employment level and requirements, personalization and discrimination, individual autonomy in the future of work)

Key
Concepts

Digital technologies as a key driver of digital transformation
Structure of corporate value creation
New value creation models in individual companies and in cross-company networks
Boundary conditions and limits of digitalization

Faculty

Prof. Dr. Henner Gimpel

Prof. Dr. Henner Gimpel is Professor of Business and Information Systems Engineering at the Faculty of Mathematics, Natural Sciences, and Materials Engineering of University of Augsburg. He is co-lead of the Research Center Finance & Information Management and the Project Group Business & Information Systems Engineering of the Fraunhofer FIT.

The main focus of Professor Gimpel’s work is the analysis and design of sociotechnical information systems, where people, information, and digital technologies meet. On the one hand, the aim is a people-centered and economically-driven development and application of information systems.

Key Facts

Course materials

Course materials will be provided in electronic form.

Language

English

Venue

Partially online via Zoom and Campus Westend of Goethe University Frankfurt.

Certificate of participation

A GBS certificate of participation is awarded upon completion of the course.

Course Fee*

€ 1.900 (fee is exempt from VAT). The fee for GBS students or alumni amounts to € 800.

*Withdrawal and fee refund
In case the course withdrawal request is received two weeks prior to the start of classes, GBS will retain a withdrawal fee of €50. In case the course withdrawal request is received less than two weeks prior to the start of classes, GBS will retain 50% of the payment made.

Course Schedule
Date Session
Fri., Nov 12, 2021 13:00 - 20:00
Sat., Nov 13, 2021 09:00 - 16:30
Fri., Nov 26, 2021 13:00 - 20:00
Sat., Nov 27, 2021 09:00 - 16:30
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There are two main things which make returning for Open Programs such a valuable and worthwhile experience. The first is being back on campus – meeting the current students, returning to campus again, the whole experience was just so pleasant. The second is the level of quality in the courses – the faculty teaching are absolute experts.

Stephan KieneDuke-Goethe Executive MBA Class of 2009

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