Module 1
Introduction to twin transition & Johnson's 4 Boxes Business Model

Description

The fusion of Green Transition and Digital Transition is known as the "twin transition." In this module, you'll gain insights into this concept, exploring its significance and relevance in the manufacturing sector. You will delve into the core principles underpinning the twin transition, encompassing key concepts such as Industry 4.0, the circular economy, and sustainability. You will also learn about the 4-box business model concept and how it connects with the digital-green transition in manufacturing. As businesses increasingly pivot towards sustainability and digitalization, comprehending how these twin forces influence key aspects of the business model - from product design and production processes to customer engagement and supply chain management - empowers companies to proactively adapt, innovate, and remain competitive.
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Learning objectives

  • Theoretical knowledge of the following concepts: twin transition; green transition; digital transition; circular economy; Industry 4.0, smart factory.
  • Factual knowledge of the key enabling technologies for the twin transition.
  • Practical knowledge on how digital and green transitions are connected and reinforce each other and their relevance to the manufacturing sector.
  • Practical knowledge on analysing real companies’ business model based on real examples provided in the module.
  • Analyse companies’ activities based on the 4-box business model.
  • Analyse and evaluate the complexities of twin transition and related concepts (digital, green transition; I4.0, circular economy, etc.).
  • Identify areas for improvement and develop strategies for enhancing performance in manufacturing SMEs and stimulating twin transition of their business.

Contents

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Funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the European Education and Culture Executive Agency (EACEA). Neither the European Union nor EACEA can be held responsible for them.