Real-time Management in the Digital Economy

The findings presented in this chapter provide a nuanced understanding of the role and impact of real time on strategy and organization. Real time is a central driver of the fourth industrial revolution, it therefore becomes important to learn how to sensitize strategists to the value of real-time management. Managerial cognitions, organization strategy approaches, professional cultures, customer expectations, market interactions, and technologies are all factors that influence an organization’s ability to leverage real time for business. Understanding these factors gives general directions of how to improve real-time management for organizations operating in the digital economy.