WUEconomics podcast: Recent Episodes
Dr. Lukas Kagerbauer
On the Podcasts I provide exciting, interdisciplinary insights from talks with experts from academia and industry about different Topics. From the field of economics to physics, from blockchain to pico satellites and from German labour market to china business and economics.
I want to share Knowledge about new trends and developments with open-minded and curious people – people who really want to think outside the box. Enjoy the content, get part of the community.
In this clip, I talked with Prof. Dr. Christian Janiesch about digital transformation and the factors that influence the success and failure of digital transformation projects. Background has been a survey, that has been run and roled-out lately. This survey is contextualizing these questions. Prof. Dr. Christian Janiesch is currently interim Professor for business informatics and information management at the TU Dresden,Germany.
Link: https://wijo.pageflow.io/wueconomics-outside-the-box-campus#226515
In this clip, I talked with Prof. Dr. Christian Janiesch about business process management – we put the focus here on the importance of identifying inefficient elements of a process, dropping those and automating the residual parts – this leads to more efficient processes. Prof. Dr. Christian Janiesch is currently interim Professor for business informatics and information management at the Technische Universität Dresden, Germany.
Enjoy the clip, and don`t forget to check out the Multimedia Campus: https://wijo.pageflow.io/wueconomics-outside-the-box-campus
n this clip, I talked with Prof. Dr. Christian Janiesch, interim Professor for business informatics and information management at the Technische Universität Dresden, Germany. We talked about Complex event processing: the technology is similar to database technologies for storing data and complex event processing technologies for processing event data in in real time. This technology uses data from other systems and harmonizes processes in real time - this increases transparency, speed and efficiency.
For more details, check out the Multimedia Campus, listen to the Podcast and leave me a feedback.
In this clip, I talked with Prof. Dr. Christian Janiesch about business process management and the identification and analyzation of the value-adding parts within organizations. Prof. Dr. Christian Janiesch is currently interim Professor for business informatics and information management at the Technische Universität Dresden, Germany.
Link to Multimedia Campus:
https://wijo.pageflow.io/wueconomics-outside-the-box-campus#226518
In this clip, I talked with Prof. Dr. Christoph Flath, Head of the Chair for Business Informatics and Information Management at the University of Wuerzburg about the opportunities for organizations starting digital transformation with a clearly defined and small seed project. Successful implementation of seed projects has a positive impact on the digital mindset of organizations and lead the path for further (larger) projects.
Link: https://wijo.pageflow.io/wueconomics-outside-the-box-campus#226497
In this clip, I talked with Prof. Dr. Christoph Flath, Head of the Chair for Business Informatics and Information Management at the University of Wuerzburg about the opportunities of proper and applied data analytics. Putting data to action – data-driven decision making has huge potential to improve the overall performance of organizations. Enjoy the talk and leave me a feedback.
Link: https://wijo.pageflow.io/wueconomics-outside-the-box-campus#226483
In this clip, I talked with Prof. Dr. Ronald Bogaschewsky, Head of the Chair of Business Industry Management at the University of Wuerzburg about the opportunities of automating routine tasks and processes. While machines and algorithms proceed basic and routine-based tasks, employees / humans can focus on more strategic tasks. Finally, organizations benefit from a higher efficiency and productivity which is important in a highly competitive environment.
Link: https://wijo.pageflow.io/wueconomics-outside-the-box-campus#228617
In this clip, I talked with Prof. Dr. Axel Winkelmann, Head of the Chair Business Management and Business Information at the University of Wuerzburg about his ERP-Lab – the largest ERP-Lab in Germany. He explains the intent of the Lab and gives behind the scenes insights.
For more details: http://erp-labs.de/
Link to Multimedia Campus: https://wijo.pageflow.io/wueconomics-outside-the-box-campus#226517
In this clip, I talked with Prof. Dr. Axel Winkelmann, Head of the Chair Business Management and Business Information at the University of Wuerzburg about a common misunderstanding. When people think of digital transformation, IoT or Industry 4.0, they think of modern robot arms and other applied technologies. But the number one issue and challenge is, the handling and management of business-related data.
Link to Multimedia Campus: https://wijo.pageflow.io/wueconomics-outside-the-box-campus#226482
In this clip, I talked with Prof. Dr. Axel Winkelmann, Head of the Chair Business Management and Business Information at the University of Wuerzburg about a common misunderstanding. When people think of digital transformation, IoT or Industry 4.0, they think of modern robot arms and other applied technologies. But the number one issue and challenge is, the handling and management of business-related data.
Link: https://wijo.pageflow.io/wueconomics-outside-the-box-campus#226482
In this clip, I talked with Prof. Dr. Axel Winkelmann, Head of the Chair Business Management and Business Information at the University of Wuerzburg about digital transformation, industrial revolutions and the often underestimated challenge of proper data management.
In this clip, I talked with Prof. Dr. Axel Winkelmann, Head of the Chair Business Management and Business Information at the University of Wuerzburg about the large variety of e-standards and the challenges that come along with that. Where is the standard, if we have thousands of standards?
In this clip, I talked with Prof. Dr. Axel Winkelmann, Head of the Chair Business Management and Business Information at the University of Wuerzburg about the challenges, occurring when organizations introduce and apply ERP systems.
Enjoy the clip and leave me a feedback!
In this clip, I talked with Prof. Dr. Axel Winkelmann, Head of the Chair Business Management and Business Information at the University of Wuerzburg about one of the main challenges, regarding operating an ERP system – the challenge of resource allocation. Here, Prof. Winkelmann explains it, using an example from the field of additional manufacturing.
Link to Multimedia Campus:
https://wijo.pageflow.io/wueconomics-outside-the-box-campus#226515
In this clip, I talked with Prof. Dr. Axel Winkelmann, Head of the Chair Business Management and Business Information at the University of Wuerzburg about a common myth, regarding digital transformation. It doesn`t start with fancy robot arms or complex algorithms, but a solid data fundament. Enjoy!
Link: https://wijo.pageflow.io/wueconomics-outside-the-box-campus#226482
In this Podcast-clip I talked with Prof. Dr. Ronald Bogaschewsky, Head of the Chair of Business Industry Management at the University of Wuerzburg about the heterogeneity regarding digital readiness of firms. There is still a very heterogenous picture.
Link to Multimedia Campus:
https://wijo.pageflow.io/wueconomics-outside-the-box-campus#228617
Although we would expect, that every decision-maker and business owner should know that digital transformation and new technologies brings a lot of promising opportunities, there are still organizations that are / have been resistant to “jump on the digital/internet train”.
In this short clip, I discussed with Prof. Dr. Ronald Bogaschewsky, Head of the Chair of Business Industry Management at the University of Wuerzburg why organizations are resistant to adapt new technologies and what the consequences are.
Links to Multimedia Campus:
https://wijo.pageflow.io/wueconomics-outside-the-box-campus#226496
https://wijo.pageflow.io/wueconomics-outside-the-box-campus#226495
In this Podcast clip I talked with Prof. Dr. Axel Winkelmann, Head of the Chair Business Management and Business Information at the University of Wuerzburg about a topic that is very present on the business landscape. Organizations are proud of their tradition – so proud that they forget to question business models of the past and to innovate. This is very dangerous and recent history delivers prominent examples of companies that have been disrupted because they were not willing to innovate, like Kodak. So, don`t risk to be kodaked!
In this Clip I talked with Prof. Dr. Richard Pibernik, Head of the Chair for Logistics and Quantitative Methods at the University of Wuerzburg about digital transformation and the issue that many organizations still operate in silo structures. This leads to massive frictions and losses of efficiency. Moreover we talked about the importance of continuous education in a fast-paced, digital working environment.
Link to Multimedia Campus: https://wijo.pageflow.io/wueconomics-outside-the-box-campus#208347
In this clip I talked with Prof. Dr. Richard Pibernik, Head of the Chair for Logistics and Quantitative Methods at the University of Wuerzburg about the real issue regarding digital transformation within organizations. We come to the point, the in many cases, organizations do not understand the problems and questions that need to be answered – and this is the biggest issue itself.
Link to Multimedia Campus: https://wijo.pageflow.io/wueconomics-outside-the-box-campus#226486
In this chapter we try to show practical examples of how digital change and new technologies are changing organizations and industries and discuss the opportunities and challenges.
We talk about the opportunities of data-driven decision making and the question why so many are struggling with the processes of digital Transformation? There is a need for an open and digital mindset. The current COVID-19 crisis doesn`t change this fact, but accelerates the need for adaption.
Enjoy the following content and tell me what your thoughts and experiences are! Take care!
Check out the multimedia content on the Outside the Box Campus:
Permalink: https://wijo.pageflow.io/wueconomics-outside-the-box-campus#208347
The transition process of athletes from sports to work is in most cases tougher than expect – Christoph Henneberger, former professional basketball player at Wuerzburg Gemany, described his way – a path that has been set and defined very early – although it was very challenging he had a clear vision of where he would end up afterwards – playing professional sports and studying at the university – his transition path went from basketball court to the class room, where he became a teacher. Enjoy the talk.
There are plenty of parallels between professional sports and business – but what most people do not consider is the fact, that athletes often struggle and underestimate the transition from sports to their second career at work life. Here are some very honest and important thoughts on this topic.
Multimedia-Link: https://wijo.pageflow.io/wueconomics-outside-the-box-campus#209523
Hey, we stay a little bit with this topic of sports and business. In this Clip Chris Mc Naughton and Christof Henneberger, two former professional basketball players shared their thoughts on the parallels between sports and work-life and what organizations can expect from pro athletes. – goal orientation– training and learning – winning and losing - team dynamics and team work etc.
Multimedia-Link:
https://wijo.pageflow.io/wueconomics-outside-the-box-campus#208364
Welcome back to the Podcast and this outside the box topic – with a lot of fruitful insights. As you know, I am very passionate about sports – sports has helped me a lot and has shaped me for my professional career – even though I was far from being a professional athlete. But I am fascinated about the parallels between sports and business – and therefore I talked with two former athletes which shared there experiences and insights.
Chris Mc Naughton (toaday @ Gartner Inc. Mid-Market CIO & IT Leader Strategic Partner,
former professional basketball player, More information: https://de.m.wikipedia.org/wiki/Christopher_McNaughton )
Christof Henneberger (today: teacher in sports and mathematics, @Dag-Hammarskjöld-Gymnasium, Wuerzburg (Germany), former professional basketball player)
In order to give you a short introduction on who they are, here is a clip about their career highlights as professional basketball players. It was a pleasure talking to the guys. Enjoy the first clip.
Multimedia-Link:
https://wijo.pageflow.io/wueconomics-outside-the-box-campus#208307
This is the follow up of the discussion that I had with Prof. Tanja Bipp around dark personality traits and the negative effects for firms. Here we went deeper into the topic and Prof. Bipp explained which role AI and technology can play in the context of identifying dark personality traits. Enjoy!
Multimedia-Link:
https://wijo.pageflow.io/wueconomics-outside-the-box-campus#209601
Finally, Prof. Bipp and I picked up a topic that should be on the agenda of every organization and HR department. According to positive personality traits, there are also so-called dark personality traits – here we talk about narcissism and others. It can be very harmful if organizations have leaders and decision makers that have these traits. Therefore, the big question is, how can organizations / HR identify those – at best already in the recruitment process, in order to prevent negative effects.
Great topic and very interesting insights. Enjoy and leave us a feedback.
Multimedia-Link:
https://wijo.pageflow.io/wueconomics-outside-the-box-campus#209601
Welcome back to the discussion that I had with Prof. Tanja Bipp around the concept of Job Crafting – here is the follow up. Enjoy and take care!
Multimedia-Link:
https://wijo.pageflow.io/wueconomics-outside-the-box-campus#209611
Hello everybody, have you ever heard about Job Creation and job crafting – a topic that is very interesting regarding modern forms of work – a high degree of freedom and flexibility is having a positive impact on motivation and performance – but of course, there are also negative effects that have to be taken into account by leaders. Prof. Bipp explains this concept – listen carefully and leave me a feedback.
Link: https://wijo.pageflow.io/wueconomics-outside-the-box-campus#209611
IO Psychologists are experts of workplace science – Prof. Tanja Bipp from the University of Wuerzburg explains in this clip the important interrelations between motivation and health – this is extremely important as these factors highly affect the performance of organizations.
Multimedia-Link:
https://wijo.pageflow.io/wueconomics-outside-the-box-campus#225967
Hey Podcast listeners, as mentioned before, Prof. Tanja Bipp has been guest on my Podcast and we talked about interesting topics – in this clip she will explain what IO Psychology is about and which questions are on the radar in this field of research. The topic is extremely relevant for every organization!
Lets jump into the talk and listen to Prof. Bipp.
Multimedia-Link:
https://wijo.pageflow.io/wueconomics-outside-the-box-campus#225964
Welcome back. In this Podcast clip, Prof. Tanja Bipp and I talked about the role of leadership in times of digital change. This is a very important question, as the leader is responsible for the performance of a team or unit.
Enjoy the content and leave me a feedback.
Hey, welcome back to the Podcast.
We are still in the chapter "Future of Work" and here, the discussion I had with Prof- Dr. Tanja Bipp from the University of Wuerzburg. She is an expert in the field of IO Psychology and she pointed out the paradox situation at work-life, regarding the implications of digital change and modern technology. On the one side, tech and digitalization brings more freedom and flexibility to work- people are free to work when and where they want in many cases. On the other side, the fact that employees are reachable 24/7 leads to pressure and stress. We had an interesting discussion with a lot of valuable Information.
Enjoy the discussion and let me know what you think.
Link: https://wijo.pageflow.io/wueconomics-outside-the-box-campus#209602
Hello Podcast listeners, welcome back.
In this Episode, I had the pleasure to talked to Prof. Dr. Tanja Bipp, Professor for Industrial-Organizational Psychology, University of Wuerzburg – she brought in a new and very interesting perspective on the questions around digital change and the effects on work life. In the following Episodes I will present you several short clips, extracted from our discussion. So get ready and let me know what you think.
Permalink: Overview Future Work:
https://wijo.pageflow.io/wueconomics-outside-the-box-campus#209607
Hello everybody, dear Podcast listeners,
as you know, the topic that I am currently most interested in is digital change – the implications on the labor market – or markets in general – and the role of education in this context.
I talked with Prof. Dr. Thomas Zwick, Head of Chair of Human Resource Management and Organisation at JMU, the fear that individuals have of being substituted by robots and the importance of life-long-learning, which is essential for everybody to understand – now more than ever!
Link to Multimedia Campus:
https://wijo.pageflow.io/wueconomics-outside-the-box-campus#209607
Welcome back – this is part 2 of the discussion, that I had with Prof. Wolfgang Dauth Assistant Professor of Empirical Regional and International Economics, University of Würzburg on industrial robots and the implications on the German labor market. Good data on in use industrial robots across Germany made it possible for Prof. Dauth and colleagues to calculate which regions will be winning and which are going to lose jobs in the future. Interestingly, those regions with a higher density of industrial robots are not the regions with negative employment projection. Listen to the second part of our discussion on this hot topic. Have fun and let me participate on your thoughts.
Link to Multimedia Campus:
https://wijo.pageflow.io/wueconomics-outside-the-box-campus#225961
In this clip, I talked to Prof. Wolfgang Dauth, Assistant Professor of Empirical Regional and International Economics at the
University of Würzburg about a recent study of his on industrial robots and how they are affecting jobs – which jobs will be most susceptive and where will humans dominate machines? Good data on in use industrial robots across Germany, Prof. Dauth and colleagues calculated which regions will be winning and which are losing. Very interesting insights. Listen to the first part of our discussion – the second part is following.
Check out the Multimedia Campus for more details as well:
https://wijo.pageflow.io/wueconomics-outside-the-box-campus#225961
In this Episode I followed up the discussion with Prof. Dr. Wolfgang Dauth about the labor market effects of digital change and globalization - similarities and differences.
Also check out the Multimedia Content on WUEconomics Outside the Box Campus:
Link: https://wijo.pageflow.io/wueconomics-outside-the-box-campus
If you want to listen to the full interview, listen to Episode 20 of the Podcast Season 01.
Take care & stay healthy!
Welcome back.
In this Episode I talked with Prof. Dr. Wolfgang Dauth about the labor market effects of digital change and globalization - similarities and differences.
Also check out the Multimedia Content on WUEconomics Outside the Box Campus:
Link: https://wijo.pageflow.io/wueconomics-outside-the-box-campus
If you want to listen to the full interview, listen to Episode 20 of the Podcast-Session 01.
Take care!
Welcome the first clip fo Chapter 02 - "Work of the future" of the WUEconomcis Multimedia Campus.
In this Episode I talked with Prof. Dr. Reiner Thome about change and the question what the people will do in the future (regarding the tasks to be exercised by humans)?
Also check out the Multimedia Content on WUEconomics Outside the Box Campus:
Link: https://wijo.pageflow.io/wueconomics-outside-the-box-campus
If you want to listen to the full interview, listen to Episode XX of the Podcast.
Take care!
Welcome back.
In this Episode I talked with Prof. Dr. Reiner Thome about the question, why the current period of change - 4th industrial (r)evolution as it is titled in Germany - is so special?
Also check out the Multimedia Content on WUEconomics Outside the Box Campus:
Link: https://wijo.pageflow.io/wueconomics-outside-the-box-campus
If you want to listen to the full interview, listen to Episode XX of the Podcast.
Take care!
Welcome back.
In this Episode I talked with Prof. Dr. Christof Flath about the speed of digital change which is exponential - organizations who do not consider or respect this are in serious trouble as they risk losing track.
Also check out the Multimedia Content on WUEconomics Outside the Box Campus:
Link: https://wijo.pageflow.io/wueconomics-outside-the-box-campus
If you want to listen to the full interview, listen to Episode 32 & 33 of the Podcast Season 01.
Don`t forget to leave me a feedback.
CU
In this Episode I talked with Prof. Dr. Peter Bofinger about the impact of digital change on the economical system - how does it differ from the past and what does it mean for the future?
Also check out the Multimedia Content on WUEconomics Outside the Box Campus:
Link: https://wijo.pageflow.io/wueconomics-outside-the-box-campus
If you want to listen to the full interview, listen to Episode 10-13 of the Podcast (Season 01).
Take care and leave me a Feedback!
Welcome back.
In this Episode I talked with Prof. Dr. Reiner Thome about digital change and the question, what the people will do in this new working environment.
Also check out the Multimedia Content on WUEconomics Outside the Box Campus:
Link: https://wijo.pageflow.io/wueconomics-outside-the-box-campus
If you want to listen to the full interview, listen to Episode 8 & 9 of the Podcast (Season 01).
Take care and leave me a feedback!
In this short track, Ill explain you, what the WUEconomics Outside the Box Campus is all about - its goal and content!
Leave me a feedback. Take care.
Lukas
https://wijo.pageflow.io/wueconomics-outside-the-box-campus
Welcome to Season 02 of the WUEconomics Outside the Box Podcast.
In this season we present clips of the already published Podcasted Episodes. These clips are clustered along a consistent story line.
The clips are integrated into the new Multimedia-Campus (https://wijo.pageflow.io/wueconomics-outside-the-box-campus).
About the story:
Digital Change and the implications on work (life), industries & businesses, technology, global trends, education and innovation.
We start here with the intro on the Campus Project.
In part 2 of the talked that I had with Kristina Bucher, research assistant at the chair of school pedagogy at the faculty of human science at the University of Wuerzburg, we talked about design aspect of AR, VR and MR in an educational context and interdisciplinary concepts of developing AR,VR and MR use-cases. Here, Kristina has been participating in two interesting projects. Finally, we talked about the question, how class & classroom of the future might look like.
I hope you enjoy the content. Leave me a feedback and a rating on itunes and recommend the podcast to your friends and collegues.
In this Episode of the WUEconomics Outside the Box Podcast, I talked to Kristina Bucher, research assistant at the chair of school pedagogy at the Faculty of human science at the University of Wuerzburg. We discussed the opportunities and obstacles of new technologies like VR (Virtual Reality), AR (Augmented Reality) and MR (Mixed-Reality) in educational use.
We talked about how AR-VR-MR can bring value in education, about importance of technology acceptance and practical examples (MEET Lab @ the university of wuerzburg).
Enjoy listening and leave us a feedback...
In this Episode of the WUEconomics Outside the Box Podast, I talked with Prof. Pibernik (Chair for Logistics and Quantitative Methods at the University of Wuerzburg and vice dean of the faculty of economics) about several applied research projects 🔍, from the airspace industry to pharma and health care - while focusing on different industries and topics, the underlining techniques (optimization, machine learning etc.) are similar and support one goal - improving parts of the supply chain.
We moreover discussed the potential of machine learning algorithms regarding privacy preserving conditions 🔒.
Finally, Prof. Pibernik shared insights on the MIT Network in Logistics. The network is working on leading-edge projects and provide top-of-the-world education/masters programs in the field of supply chain management 🖧.
Enjoy listening, reading the article and leave me a Feedback!
Digitization is a paradoxical phenomenon. On the one side, the emergence and access to large amounts of data, combined with the use of data-driven techniques and operations support faster and better decisions - on the other side, this data is forcing us to use it. Because the clock speed of companies and markets has changed, and the environment has become highly volatile and dynamic it is affordable to use that data and make strategic decisions. Otherwise, companies and organizations run the risk of losing competitiveness.
In Episode 36 of the WUEconomcis Outside the Box Podcast, I picked up this discussion with Prof. Dr. Richard Pibernik, from the chair for Logistics and Quantitative Methods at the University of Wuerzburg and vice dean of the faculty of economics.
Enjoy listening, reading the article and leave me a Feedback!
In the second part of the interview with Prof. Dr. Toker Doganoglu, Dean of the faculty of economic at the University of Wuerzburg and holder of the chair for Industrial Economics, we discussed the following topics:
✅ Economic and legal questions arising in the context of platform economies
✅ Superstar firms like Google, Amazon, Facebook and the economic implications of their market power
✅ Business models of Uber or Airbnb and the discusson on legal adjustment.
Listen to Episode #35 of the WUEconomics Outside the Box Podcast, read the article and leave me a Feedback!
In the first episode of interview with Prof. Dr. Toker Doganoglu, Dean of the faculty of economic at the University of Wuerzburg and holder of the chair for Industrial Economics, we talked about the odd species of economists, what they do and how they approach problems .
Moreover, we discussed the basics of industrial economics and why its principles and messages are practically relevant for all organizations and decision-makers. Finally,
Prof. Doganoglu explains at the example of organic eggs, how consumers could profit from product bans.
Enjoy listening and leave me a feedback.
In the second part of the Podcast-Session with Prof. Dr. Christof Flath, we talked about two major topics:
1) The German energy transition, regulatory obstacles and how data can improve the market mechanism.
2) "New mobiliy systems" - Here, we discussed the inefficiencies of the current mobility system and the opportunities of sharing concepts, autonomous driving cars and eMobility.
Enjoy listening and leave me a feedback!
In this Episode of the WUEconomics Outside the Box Podcast, I talked to Prof. Dr. Christof Flath, holder of the chair for business informatics and information management at the University of Wuerzburg about the following topics:
- How to put data to action?
- Opportunities and challenges of digital transformation for small and medium-sized companies
- Opportunities of small-scale innovation seed Projects
- Digital Retail Lab - Innovation and industry-academia collaboration in the context of retail and fashion
Enjoy listening and leave me a Feedback!
This is a extract from Podcast Episode 29 - here I forgot to Mention explicitly, that we discussed a very important Topic - the German Vocational Education System. Therefore, I provide it here as a single Episode - all about VET.
The German System of Vacational Education is internationally admired and fundamental for the success of the German economy. But the system and especially the firms have to face challenges.
For more details, also read the article on the blog (www.wueconomics.de) and leave me a feedback!
In this Episode of the WUEconomics Outside the Box Podcast, I talked to Prof. Dr. Thomas Zwick, head of the chair of human resource management and organization at the University of Wuerzburg about the implications of digital change on the labor market - which options do employees have to protect themselves from being substituted by robots or machines in the future?
Moreover, we talked about a research project of Prof. Zwick, that aimed to identify personality traits of successful innovators and highly innovative personal. As innovations is very important in order to stay competitive, results of this research project are extremely interesting for almost every organization.
For more details, also read the article on the blog (www.wueconomics.de) and check out Prof. Zwick`s website (https://www.wiwi.uni-wuerzburg.de/en/lehrstuhl/bwl7/team/prof-dr-thomas-zwick).
I hope you are curious now! I really appreciate your feedback and opinion!
Lack of skilled workforce is currently one of the biggest issues for German firms - the implications of demographic change have led to fiercer competition for talents and firms of all sizes have to develop sustainable strategies to develop, acquire and bind employees for the future. Why? Because the quality of goods and therefore the competitiveness is directly related to the humans behind.
In Episode 29 of the WUEconomics Outside the Box Podcast, I talked to Prof. Dr. Thomas Zwick, head of the chair of human resource management and organization at the University of Wuerzburg.
Good news first, there are promising options - bad news, it will be expensive, not easy and firms have to open up for potential left and right of the mainstream. We talked about the need for further education, retraining, potential of older employees as well as the potential of woman returning after parental leave.
Thanks to Prof. Dr. Thomas Zwick, for participating and sharing your knowledge and opinion.
In Part 2 of the interview with Prof. Janiesch, we talked about a recent survey that tries to identify factors for success of digital transformation projects, considering differences in companies’ intent and goal. Moreover we talked about the importance of education in the context of DT, the opportunities coming along with the internet of service, game-changing potential of 5G and future projects.
Read also the full article on: click here
More about the Prof. Janiesch and his chair: click here
In this Episode, I talked with Prof. Dr. Christian Janiesch, Junior Professor for Information Management at the University of Würzburg about the impact of digitization on society and business, the challenges and opportunities for organizations and about his key research topics: business process management and business intelligence. Moreover, we talked about the importance of seed projects and the long tail of digitization projects.
Read also the full article on: click here
More about the Prof. Janiesch and his chair: click here
In the final part of the interview with Prof. Dr. Roland Bogaschewsky, head of the chair of business industry management at the University of Wuerzburg, we talked about procurement in the public sector.
As public institutions are mostly spending tax money, there is a general interest that they are working highly efficient. In order to improve the procurement process of public institutions, Prof. Dr. Roland Bogaschewsky has launched an open network platform for public procurers. The platform functions as an exchange platform for ideas, for experiences and for these documents that are needed in the tender processes. At the moment, around 20.000 members in the German speaking area (Germany, Austria, Switzerland) are participating.
At the end of the talk, Prof. Bogaschewsky pointed out, what in his eyes and a procurement and SCM standpoint is the next economic game changer. Here, he talks about demography, market shifts and the importance of global thinking and acting.
Link to Prof. Dr. Roland Bogaschewsky: https://www.wiwi.uni-wuerzburg.de/de/lehrstuhl/bwl2/team/lehrstuhlinhaber/
In Episode 25 and part 2 of the Podcast-Session with Prof. Dr. Ronald Bogaschewsky, we talked about new technologies and the implications of IIoT (Industrial Internet of Things) in the context of procurement and SCM. You will learn about:
- The rise of AI in procurement
- Central vs. decentral planning paradigm
- Does IoT change supply chains?
- Role-model SCM
- Need for education in SCM
- Blockchain in procurement and SCM - opportunities and limits
In the Episodes 24 to 26 of WUEconomcis Outside the Box podcast, I talked with Prof. Dr. Ronald Bogaschewsky, head of the chair of business industry management at the University of Wuerzburg about Digital Procurement and Supply Chain Management (SCM). We discussed current trends, potentials, challenges, to which degree companies are „digitally“ prepared in the context of procurement and SCM and where the journey is going in the next years.
In the first part (Episode 24) we talked about the waves of development in digital procurement (eProcurement) and the reasons why not every firm has jumped on the (internet) train, yet.
For detailed information about Prof. Dr. Roland Bogaschewsky please click here: https://www.wiwi.uni-wuerzburg.de/lehrstuhl/bwl2/team/lehrstuhlinhaber/
Thank you for listening to the Podcast, thank you for reading the
articles and blog-posts on social media, linkedin and all other platforms.
Thank you to all my talk-partners, that enriched the podcast with
amazing insights and Information on current topics - all related to
digital transformation. I also want to thank my brother Philipp for creating my audio files!
I hope, that you could take some impulses for your work and everything that you do and I hope that you will follow me and the content in 2019.
I learned a lot, from China business and economics to IO psychology, satellite technology, VR, AR and all the implications of digital transformation on the labor market, on firms, on workers, on education, on skills and competences of the future.
I think there is much more to come in 2019 and therefore I wish you a successful 2019 but most importantly healthy 2019.
And I wish you a HAPPY NEW YEAR.
See you soon. Bye. Bye.
Personality traits and the implications on work (performance) has a long record in the field of IO psychology. You probably know about the “big five“ of personality, but what about the dark triad of personality.
In part 3 of the talk with Prof. Dr. Tanja Bipp, professor for industrial-organizational psychology at the University of Wuerzburg, we shed light on current research projects and how HR can support screening these dark traits. This is a key question for HR management and it has enormous potential to make processes more efficient and improve overall Performance.
Under the following ling, you find more information about Prof. Dr. Tanja Bipp and her research:http://www.ao.i2.psychologie.uni-wuerzburg.de/team/prof-dr-tanja-bipp/
Which competences and skills do workers need in the future? This question is currently one of the hottest questions and topics in education. In the second part of the interview with Prof. Dr. Tanja Bipp, professor for industrial-organizational psychology at the University of Wuerzburg, we picked up this topic. Prof. Bipp shared information from current research projects. Moreover, we talked how technology can support workers practicing their jobs, the phenomenon of organizational citizenship behavior, interdependencies between work and health, as well as intrinsic motivation and learning Goals.
Industrial-organizational (IO) psychology applies psychological theories and principles to organizations. Questions about workplace productivity, quality of work(-life), structure of work, leadership as well as the effect of personal traits are important research topics in this field.
In this Podcast Session I talked to Prof. Dr. Tanja Bipp, professor for industrial-organizational psychology at the University of Wuerzburg. We talk about the implications of digital transformation on individual workers, workplace environment, and productivity. We also discussed current research on skills and competences of the future, job-crafting, and the potential of AI in context of HR selection and development. The first part is about the autonomy paradox and the power of (learning) goals.
Which jobs and tasks are most susceptive to be substituted by robots or being outsourced to low wage countries?
Debates around these questions are not new but still highly emotional. Especially since the times of industrial revolution, the fear of technological unemployment has always been present - from "spinning jenny", steam engine, railroads to computers, robots and algorithms.
We try to provide theories and facts from the field of economics to shed light on this debate. What strategy should organizations and individuals follow? The very short answer is: education, interactive tasks and Innovation.
In this podcast episode I talk with Prof. Dr. Wolfgang Dauth, assistant Professor of Empirical Regional and International Economics @University of Würzburg @WiWi_Uni_Wuerzburg and Senior Researcher @IAB, Institute for Employment Research.
In this Episode of WUEconomics Outside the Box Podcast I had the chance to talk with two former professional Basketball players Chris Mc Naughton and Christof Henneberger about highlights, challenges, obstacles, the transition to work-life and how pro-athlete mentality prepares and fits into business world.
Among other stations, both played together for two years at s.Oliver Baskets Wuerzburg, the home club and town of Dirk Nowitzki and Maxi Kleber. Although both looked back at different careers and followed different ways afterwards, there are a lot of parallels.
We talked about the motivation, preparation and challenges of the career after the career. Chris and Christof talked about their career as athletes, the highlights, losses and how their sports life prepared them for their second careers.
Christof and Chris followed completely different paths and along the way they faced various challenges. Christof was studying to become a teacher in mathematics and sports before he became a pro athlete,so the future-plans were pretty clear. He has now been a teacher at Dag-Hammarskjöld-Gymnasium in Würzburg for over a year.
For Chris, the transition turned out to be tougher than expected, which is probably the case for most athletes because they have to start from scratch again in a new, competitive environment.
Moreover we talked about future goals, digital transformation and advice Chris and Christof can pass on to athletes, that are Looking forward to start their second career.
You become a Little funfact at the end: find out why Christof was called the mayor of Wuerzburg ;-)
Have fun, leave a comment and Rating if you liked the podcast.
I hope you tune in next time.
Digital transformation is a huge topic in China and for the Chinese industry. China was mesmerized when Germany introduced the Industry 4.0 strategy in 2012. It did not take long until the Chinese then came up with the strategy “Made in China 2025”.
As they acknowledged that they are still behind in many things concerning digital transformation, they set up specific strategies called internet plus – e.g. internet plus agriculture, internet plus service sector – combining hardware and internet/service. Here, they are making tremendous progress. Looking at for instance the way they use social media, they are no doubt ahead the Western world.
Besides digital transformation, education is currently a very important topic in China. At the end of this talk we pick up this topic and moreover talk about economic gamechangers and future projects.
In this Episode of the Podcast, Doris Fischer, Professor for China Business and Economics at the University of Wuerzburg and I talk about two interesting topics concerning Chinese economic development. (1) The 2-digit growth-rates and the induced process of economic down-cooling. (2) The new growth model and how this fits the strategy of becoming an automotive society and global leaders in electromobility.
For several years now, Western companies invest in China and earn good money with that. On the one side the margins of production had been high and on the other side China offered a huge market potential. Therefore, firms went east.
Once being in China, where the system and regulations are different, they realized that not everything is easy. In this talk you will learn about current challenges for western firms in China – besides the ownership share restriction for OEMs and fierce competition in China, data-security turns out to be one of the biggest issues.
Thanks to @Prof. Doris Fischer, Professor for China Business and Economics at the Julius-Maximilians University of Wuerzburg, for sharing amazing insights.
In the second part (2/5) of the interview with Prof. Doris Fischer, we focused on the transmission of China and the changing growth-model. The Chinese government has realized that the growth-models of the past are not sustainable because they came along with lots of negative side-effects like a demographic issue, enormous population flows into rural areas and dependencies on external factors. The focus was set on green-technology and the key word is innovation.
Alongside the new growth-model and the access of China to the WTO, Chinese companies started to invest abroad, which was hardly possible and not really wanted before. The Western world and especially Germany became confused. “What is the deal behind buying our companies? How dare they?” People in Germany were afraid, that this process was strategically controlled by the Chinese government to buy German knowhow. Looking at the process more into detail, one will see that this is only one part of the story.
Check out #15 Episode of the “WUEconomics – outside the box – Podcast” for more details and insights.
Link: http://www.sinologie.uni-wuerzburg.de/team/lehrstuhlinhaberinnen/prof-dr-doris-fischer
Prof. Doris Fischer discovered her passion for China business and economics in the 1980s, a time where this combination in an academic context was not established yet. It used to be a combination of two separate major courses of study but times have changed and today it is an accepted interdisciplinary research field . Although research on the topic has been established, there are still not many interdisciplinary courses of study like the one in Würzburg. In order to understand the economic development, the transmission and growth of the Chinese economy, one has to understand economic concepts on the one hand and cultural, systematical aspects – the rules of the game – on the other hand. The country once known as the workbench of the world is transforming and challenging the Western world in all sectors. There are lots of economic puzzles that come with the fast development and the size of the country, which affords creating multiple layers of understanding. This is what makes it so challenging and interesting. China and its economy is changing at an extremely high pace and the textbooks – which have been written from scratch – have to be updated at least every two years.
In the second part of this Episode we talk about the Master program for China business and economics, that is offered by Prof. Fischer at the University of Wuerzburg. To summarize, the interdisciplinary program is a combination of economics, language, culture, applied research, and projects. It prepares students to either work for Western or Chinese companies in China and also for firms in Germany that transact with Chinese companies. Even if the students do not end up in one of the two named fields, they are equipped with a profound knowledge and understanding of China business and economics. Obviously, the graduate students have a lot of opportunities to start a promising career.
Talk with Prof. Doris Fischer, Professor for China Business and Economics at the University of Wuerzburg. She is member of the board of the German Association for Asian Studies and Member of the Editors for the Journal of Current Chinese Affairs (1/5).
Check out #14 Episode of the “WUEconomics – outside the box – Podcast” for more details and insights.
#china #economics #education #academia #business #university #wuerzburg #future #wueconomics #podcast #digital #wueconomicspodcast
Impact of digital transformation on the labor market:
Why is digitization,Information of Technologies (IoT), Industrial Revolution 4 or however we call it so special? In the last 25 years, we witnessed rapid technological progress and digitalization – looking at the labor market, we have more employed people in Germany than at any other given moment. How does that fit? Therefore, the question is whether the simple story of digitization destroying jobs is not the whole story. The economic system is quite flexible and able to deal with many kinds of shocks. Looking into the future, of course it depends and what kind of fundamental new technologies emerge. What we will see is an increase in productivity. One might even see a scenario where people might have the opportunity to reduce their working time. That's one way on how so far our societies have dealt with strong productivity increases of industrial revolutions in the past. Why cant we have a situation where we only work 30 hours per week in 20 years and let the machines do the rest? Why dont we think about a sabbatical every four years for all employees, so that we have time to learn new things and create a new framework for the concept of lifelong learning?
Bitcoin, blockchain, distributed ledger technology
Cryptocurrency is picking up the principles of the model of currency competition developed by Hayek many decades ago - the interesting fact is that people are willing to give real money in exchange for private money which is in general nothing but an IOU. Distributed Ledger technology (DLT) has the advantage that the person having created the system is no longer seen - this is an important initial psychological factor. As soon as people trust in the system, they are willing to pay money and so it is a kind of transformation of something completely worthless into something people have trust in. We will further discuss the future of cryptocurrencies. As governments have the opportunity to intervene within the system, it is questionable if the cryptocurrencies that we see today will be the currencies of the future. But for sure, digitalization will change the financial system and in this context peer to peer lending could be a form of money exchange that might challenge the traditional role of banks. Think about digital platforms collecting money from people who want to save money on one side and distributing it to people who need money to buy a house for instance on the other side and the process of monitoring the borrowers and diversifying the funds. Consequently, you might no longer need to have your deposit with a traditional bank as it might be possible to open short-term deposits at the central banks for everyone. This trend could fundamentally challenge the role of banks as lenders and therefore is a hot research topic at the chair of Prof. Dr. Peter Bofinger.
Check out #13 Episode of the “WUEconomics – outside the box – Podcast” for more details and insights.
In public debate and among economists, there has been an emotional debate whether Germany has profited by the Euro(zone) or not. Prof. Bofinger is an advocate of the European idea and he calls the Eurozone – including all weaknesses – a story of success. He emphasizes that Germany also profited significantly by the creation of the Eurozone. The unemployment rate in Germany is at a record low. After years of crises, the Eurozone is growing again. And the Euro as a common currency prevents economies from exchange rate shocks. Despite of the benefits of the Eurozone, we still have an unfinished building. On the one hand the Eurozone follows a common monetary policy driven by the European Central Bank and on the other hand we have 19 independent fiscal policies. Therefore, the system is always prone to shocks. The main problem is that the member states are not willing to give up the national scope on their fiscal policy.
Concerning the Brexit, Prof. Bofinger draws parallels to the amputation of a healthy leg, by believing that with the proteases one can walk better. Now a lot of people realize that this might be really painful. At the end, it might be an opportunity for the countries that committed themselves to Europe, to enforce future cooperation in order to stay competitive in the global power triangle.
Part 3: Talk with Prof. Dr. Peter Bofinger, Head of Chair for Monetary Policy and International Economics at University Würzburg, Member of the Council of German Economic Experts, called for the Commission on Global Economic Transformation (CGET) and one of the most popular economists in the German-speaking area as well as in an international context.
In this Episode of the Podcast we talk about the newly founded Commission on Global Economic Transformation (CGET) – the Commission has been set up by the Institute for New Economic Thinking (INET) and is led by the Nobel Prize laureates in economics Joseph Stiglitz and Michael Spence. In the talk Prof. Bofinger gives more insights and tell us about his personal role in the commission.
Moreover, we focus on Germany’s economic strengths and the rapid transformation from Europeans sick man to the European power house.
Finally, we discuss the fact, that the German economy marks year number 9 of economic up-rise and boom. In contrast to that we see massive deficits in European countries, persistent structural problems, radical political shifts, global protectionist tendencies and a moderate economic development in China. The main question is: When does The Party end?
We talk about the general tasks of economists, the education program and why the expertise of economists is important for institutions, companies and political decision-makers. One could compare the work of and economist with that of a medical doctor. Whereas the medical doctor examines the health of human beings, economists examine the health of an economic system. Economist give expertise on how to handle shocks (e.g. technological shocks like digital transformation or crisis like the financial crisis, euro-crisis). Moreover, economists understand what the drivers of economic cycles are, evaluate economic constellations and developments.
Moreover, Prof. Bofinger gives insights into his work for the Council of German Economic Experts and his function in the commission. The council is nominated by the government but it is functioning politically independent – which is different from other councils, for instance the council of economic advisers in the United States. Independency means that the council is able to criticize the government and government here has no way to interfere with the content of advice and the annual report.
At the moment there are huge economic challenges and it's really important for Germany to stay on top of technology to keep first class status. In our talk, Prof. Bofinger claims that here, government should do more to support the efforts of a lot of companies to create new technologies and to stay world market leaders.
Guest: Prof. Dr. Rainer Thome, Professor for Intelligent Business Synergy at University of Würzburg and business man, expert and visionary in the field of digital transformation and progress.
Digital transformation and progress will change the way we work and learn in the future. While the speed of economic development increases and cycles get shorter, companies have to make sure that their employees do not lose contact. Learning-cycles getting shorter. Moreover, people will have to bring - additionally to their working-space-specific knowledge - interdisciplinary competences. On the one hand we will need people who understand markets and processes, who understand computer science and technology. On the other hand, we need teachers and instructors who are up-to-date and are able to lighten up the fire in people, promote curiosity and the understanding for each-other.
We talk about new forms of education - where content and information are available whenever people need it. Modern technology and voice control are opening up new opportunities. But still, one of the biggest challenge is to make people willing to use it – therefore it is essential to create a wonderful UX and eliminate friction.
Curious?
Check out #9 Episode of the “WUEconomics – outside the box – Podcast” for more details and insights.
https://www.wiwi.uni-wuerzburg.de/lehrstuhl/wiinf/mitarbeiter/prof-dr-rainer-thome/
http://www.prof-thome-gruppe.de/
In part 1 of the talk with Professor Thome we will take you to a fascinating journey containing over half a decade of projects on computer, software and services. Professor Thome experienced the entire journey, starting with a huge IBM machine in 1966, implementing one of the first standard software solutions to a medium-sized company in 1979, and now working on intelligent, interactive systems, cloud services and more. Professor Thome predicted a lot of developments and trends very early. In the early 2000s he predicted his students cashless-stores that Amazon opened in 2018. He also mentioned the opportunities of Cyber Physical Systems.
The big question now: What`s next? Therefore, we talked about topics that might characterize our current future. Two very hot topics are flexible and intelligent robots and intelligent information systems. Information systems that are connected with sensors giving the opportunity to know about everything that is happening around us. For companies this opens up huge opportunities, for instance, if you think about logistics and material flow. A company will know exactly where the material is and how fast the flow is of a customer-ordered item on the work-bench. If you have precise real-time information about that, this will give absolutely new possibilities of producing in the right time, in the right form, and serving the needs of customers.
Digital transformation is a (fast) ongoing process. And we have to be aware that everything is going to change continuously again and again and again. If companies do not understand that and don't have the mindset for this change, they are really in trouble – Kodak!
https://www.wiwi.uni-wuerzburg.de/lehrstuhl/wiinf/mitarbeiter/prof-dr-rainer-thome/
http://www.prof-thome-gruppe.de/
Getting along with the satellite research we witness a paradigm shift especially in the context of global telecommunication channels. Traditional big multifunctional satellites will become complemented by distributed networked small satellites which have capabilities to self-organize. These small satellites can thus cover a much larger area which leads to a better temporal and spatial resolution by a team of distributed satellites. Networks of satellites can provide communication everywhere. Small satellite will be appropriate in the context of telemedicine, Industry 4.0 or the monitoring of pollution. The technology is highly interesting for places that are not connected to classical communication connections like desserts, mountains, on the see (oil platforms, offshore wind parks) or smaller villages in poor countries. These Satellite systems have potential to increase efficiency and reduce production costs. The terms of use are broad – from industrial plants to medicine.
Where is the connection between telematics, satellite technology, and Internet of Things? Telematics is a combination of telecommunication plus information plus informatics. This combination enables to provide services at remote locations. So, this can be a satellite you remotely control on a different planet. Or a traffic control system on the street to enable efficient flow of traffic. It can be a telemedicine system where a person carries sensors to characterize the health status and provide data to an emergency room where a doctor detects anomalies. Moreover, the technology is used in autonomous driving vehicles, mobile robots and connected factories. New satellite technology has disruptive potential to increase by telecommunication the networking of the automation system to enable more efficient production.
In this Episode Prof. Dr. Sebastian von Mammen gives a short excurse to the field of Human-Computer-Interaction (HCI). One aspect here is the avatar research, where you can see yourself being represented in the virtual world. What impact does that have on your experience in the virtual world – does it change your behavior for instance if you perceive yourself differently than in reality
We also talk about local gaming networks and future research projects, about interactive systems and complex interactive simulations for developmental biology.
Guest: Prof. Dr. Sebastian von Mammen, full professor at the University of Würzburg. He is professor of Games Engineering and member of the Chair of Human-Computer Interaction. He is an expert in the field of Games Engineering, Serious and Immersive Games, and Real-time Interactive Systems.
http://games.uni-wuerzburg.de/
In this Episode we talk about current research projects in the field of Games Engineering. Of course, there is a keen interest in classical computer gaming in the research activities and collaborations, but the technology that comes with games is interesting and relevant to myriads of other industries – in essence, it is about real-time interactive systems. Real-time interactive systems may, for instance, be simulations for training purposes, platforms for interactive product visualization e.g. for the automotive industry. In this context it is also possible to expose humans to situations that would be otherwise not ethically correct, acceptable or too expensive. For instance, one could measure how people see and react before accidents happen in order to improve accident avoidance. Another example where real-time interactive systems are used and helpful is the medical sector (e.g. telemedicine). The Games Engineering programme instills academic and technical knowledge about the design and development of state-of-the-art computer games and engines and the graduates are expected to find jobs in diverse industrial sectors.
Link to the course of study: http://games.uni-wuerzburg.de/
Guest: Prof. Dr. Axel Winkelmann, full professor at the University of Würzburg. He is head of the chair Business Management and Business Information. He is an expert in the field of Information Management, ERP-Systems, Data-Management and Business Process Standardization.
In this episode we talk about a topic which is essential and more or less “ERP for zero”: The challenge of capacity and resource allocation within a company and on B2B level. You will hear about an exciting approach of building a B2B-market-place in the field of additive manufacturing (3D-prinitng). As the solutions for matching supply and demand on an inter- and intra-company level are lacking, Prof. Axel Winkelmann and a team of researchers and companies are looking behind the value chain and started to develop a market design
Moreover we talk about eStandards – this is not a new topic. As we in Franconia would say, “old wine in new tubes”. The problem is that there are a lot of slightly different versions or dialects of standard software products. The issue occurs when companies transact and exchange data. If you are a large company you can more or less force your business partners to use your “dialect”. But if you are small company you do not have much negotiating power and therefore have to accept the specification of bigger companies.
Finally we look behind the scenes of Germany’s largest ERP-Lab. Prof. Dr. Axel Winkelmann tells us the deal behind the ERP-Lab, what the goals are, and how companies could profit from the ERP-Lab.
Check out #3 Episode of the “WUEconomics – outside the box – Podcast” for more details and insights.
Talking about Industrial Revolution 4 people think about robot arms, drones or digital glasses. But implementing these techniques is not the main challenge to most SME (small and medium-sized companies) today.
What they really need is to focus on building a centralized data fundament which is crucial for further standardization and automation of processes and the implementation of new techniques and Cyber Physical Systems.
Another huge issue for companies in times of digitalization is to understand the changing consumer needs and benefits. It does not help you in the future what you have done in the past. Tradition is not a business model. Companies have to analyze and use data so that they can strategically adapt and react to changing consumer needs. In this episode we talk about the disruption of the music industry and why IKEA might become a player in the house-building and construction industry.
Check out #2 Episode of the “WUEconomics – outside the box – Podcast” for more details and insights.
Guest: Prof. Dr. Axel Winkelmann, full professor at the University of Würzburg. He is head of the chair Business Management and Business Information. He is an expert in the field of Information Management, ERP-Systems (Enterprise Resource Planning), Data-Management, and Business Process Standardization.
https://www.wiwi.uni-wuerzburg.de/lehrstuhl/wiinf2/team/lehrstuhlinhaber/prof-dr-axel-winkelmann/
http://www.erp-podcast.de/
On the Podcasts I provide exciting, interdisciplinary insights from talks with experts from academia and industry about different topics. From the field of economics to physics, from blockchain to pico satellites and from German labour market to china business and economics.
I want to share Knowledge about new trends and developments with open-minded and curious people – people who really want to think outside the box.
Enjoy the content, get part of the community.
BLOG: www.wueconomics.de