1 00:00:06,160 --> 00:00:06,800 We have been 2 00:00:06,800 --> 00:00:10,720 observing and experiencing various industrial transformation practices 3 00:00:10,720 --> 00:00:14,040 which have contributed to the emergence of modern economies. 4 00:00:14,520 --> 00:00:18,840 For instance, Industrial Revolution transformed many societies from agrarian 5 00:00:18,840 --> 00:00:22,000 to industrial economies, and the ongoing digital revolution 6 00:00:22,000 --> 00:00:25,320 is changing the way we communicate, work and interact with each other. 7 00:00:25,800 --> 00:00:28,440 IMIM, try to understand the role of innovation 8 00:00:28,440 --> 00:00:31,680 and entrepreneurship in these industrial transformation practices, 9 00:00:32,720 --> 00:00:35,880 in as IT transformations are driven by several factors, 10 00:00:36,200 --> 00:00:40,280 including not only technological advancements, but also globalization 11 00:00:40,560 --> 00:00:44,320 changes in consumer demand evolving into plural identities 12 00:00:44,520 --> 00:00:47,800 and shifts in governmental policies and regulations. 13 00:00:48,120 --> 00:00:52,000 Then we can see various factors together lead to the emergence of new industries 14 00:00:52,240 --> 00:00:55,600 entrepreneurialism, experimentation, the growth of existing industries, 15 00:00:55,880 --> 00:00:59,080 the decline of traditional industries, and the emergence 16 00:00:59,080 --> 00:01:02,040 of new business models and organizational structures. 17 00:01:02,640 --> 00:01:06,000 For example, the growth of renewable energy technologies 18 00:01:06,000 --> 00:01:10,160 and the increasing demand for sustainable products and services provided through 19 00:01:10,160 --> 00:01:14,520 sustainable business models are driving industrial transformation in sectors 20 00:01:14,520 --> 00:01:18,000 such as energy, transportation and manufacturing. 21 00:01:18,360 --> 00:01:20,920 Therefore, we try to transmit up to date 22 00:01:21,160 --> 00:01:24,400 state of the art regarding managing industrial transformation. 23 00:01:24,560 --> 00:01:28,840 To our students in IMIM because this can be a complex and dynamic process 24 00:01:28,840 --> 00:01:32,760 for the future managers, and it requires collaboration between industry 25 00:01:32,760 --> 00:01:36,480 stakeholders, policymakers and civil society organizations. 26 00:01:36,760 --> 00:01:39,800 But effective, efficient and informed management of industrial 27 00:01:39,800 --> 00:01:43,320 transformation can help industries remain competitive, 28 00:01:43,560 --> 00:01:48,320 increase resilience, and contribute to sustainable development goals.