Dong-A Business Review
The 4th industrial revolution, characterized by digitalization, Big Data, machine learning and O2O, provides new business opportunities to companies. However, it also deprives those who fail to ride the wave of opportunities to survive. Recognizing the opportunities and threats, many companies try to find new digital-enabled business opportunities. However, Korean companies’ approaches to finding and starting new business has hardly changed from the past. In an era of uncertainty where everything familiar is reshaping, here’s how Korean companies should find and implement new businesses.