A3 Vertaisarvioitu kirjan tai muun kokoomateoksen osa

Managing Strategic Flexibility in Industry 5.0 Transition : An Integrated Real Options and Strategic Foresight Approach




TekijätSavolainen, Jyrki; Knudsen, Mikkel Stein

ToimittajaAaltonen, Päivi; Kurvinen, Emil

Julkaisuvuosi2025

Kokoomateoksen nimiContemporary Issues in Industry 5.0 : Towards an AI Integrated Society

Sarjan nimiTechnology, Work and Globalization

Aloitussivu109

Lopetussivu134

ISBN978-3-031-74781-6

eISBN978-3-031-74779-3

ISSN2730-6623

eISSN2730-6631

DOIhttps://doi.org/10.1007/978-3-031-74779-3_5

Verkko-osoitehttps://doi.org/10.1007/978-3-031-74779-3_5

Rinnakkaistallenteen osoitehttps://research.utu.fi/converis/portal/detail/Publication/477979056


Tiivistelmä

This chapter deals with the corporate investment decision-making strategies amid the transformative landscape of Industry 5.0 and system-level Digital Twins Twinning. Through the lens of Strategic Foresight (SF) and Real Options (RO), the chapter both identifies a methodological gap in the literature regarding the integration of ROs and SF and underscores the potential synergy between these two fields. It is suggested that ROs can adeptly address numerical uncertainties in resource exploitation business cases, while SF serves as a valuable qualitative exploration tool under structural or radical uncertainty. A high-level, integrated decision framework is drafted, and its applicability is discussed within the Industry 5.0 context of system-level Digital Twins.


Ladattava julkaisu

This is an electronic reprint of the original article.
This reprint may differ from the original in pagination and typographic detail. Please cite the original version.





Last updated on 2025-11-03 at 08:03