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The Service Revolution Has Arrived and Will Dramatically Change the Service Sector.

The Service Revolution Has Arrived and Will Dramatically Change the Service Sector.

Authors :
Wirtz, Jochen
Kunz, Werner
Paluch, Stefanie
Source :
Effective Executive; Mar2022, Vol. 25 Issue 1, p74-82, 9p
Publication Year :
2022

Abstract

The Industrial Revolution that started in the late 18<superscript>th</superscript> century dramatically increased our standard of living by making high quality, low-cost manufactured goods available to the masses. Today, the global economy faces a similar turning point, but now in the service sector. Technologies have rapidly become smarter and more powerful, and at the same time, they are getting smaller, lighter, and cheaper. This service revolution has important implications for service organizations and consumers alike. This paper identifies the opportunities and challenges. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
09725172
Volume :
25
Issue :
1
Database :
Complementary Index
Journal :
Effective Executive
Publication Type :
Academic Journal
Accession number :
157165515