@article{SchieleBosNehlesDelkeetal.2021,
  author    = {Schiele, Holger and Bos-Nehles, Anna and Delke, Vincent and Stegmaier, Peter and Torn, Robbert-Jan},
  title     = {Interpreting the Industry 4.0 future: technology, business, society and people},
  series = {Journal of Business Strategy},
  journal   = {Journal of Business Strategy},
  doi       = {10.1108/JBS-08-2020-0181},
  pages     = {1 -- 11},
  year      = {2021},
  abstract  = {Purpose: Industrial revolutions have been induced by technological advances, but fundamentally changed business and society. To gain a comprehensive understanding of the fourth industrial revolution (I4.0) and derive guidelines for business strategy, it is, therefore, necessary to explore it as a multi-facet phenomenon. Most literature on I4.0, however, takes up a predominantly technical view. This paper aims to report on a project discussing a holistic view on I4.0 and its implications, covering technology, business, society and people. Design/methodology/approach: Two consecutive group discussions in form of academic world caf{\´e}s have been conducted. The first workshop gathered multi-disciplinary experts from academia, whose results were further validated in a subsequent workshop including industry representatives. A voting procedure was used to capture participants perspectives. Findings: The paper develops a holistic I4.0 vision, focusing on five core technologies, their business potential, societal requests and people implications. Based on the model a checklist has been developed, which firms can use a tool to analyze their firm's situation and draft their industry 4.0 business strategy. Originality/value: Rather than focusing on technology alone - which by itself is unlikely to make up for a revolution - this research integrates the entire system. In this way, a tool-set for strategy design results.},
  language  = {en}
}