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2024/2025  DIP-DMARO2401U  Maritime Digitalization

English Title
Maritime Digitalization

Course information

Language English
Course ECTS 5 ECTS
Type Mandatory
Level Graduate Diploma
Duration One Semester
Start time of the course Spring
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for Graduate Diploma in Business Administration (part 2)
Course coordinator
  • Andreas Wieland - Department of Operations Management (OM)
  • SI
    Martin Jes Iversen - Department of Strategy and Innovation (SI)
- Study administration for HD MAR: HD2MARITIME@cbs.dk
Main academic disciplines
  • Supply chain management and logistics
Teaching methods
  • Blended learning
Last updated on 20-11-2024

Relevant links

Learning objectives
Upon successful completion of the course, students will have:
  • Advanced knowledge of the theoretical foundations of digitalization regarded from an economic perspective
  • Advanced knowledge of the ESG consequences of digitalization within three maritime segments: dry bulk, product tanker and container shipping.
  • Advanced knowledge of maritime digitalization based on four integration dimensions: 1) Technological Integration (Sea-Shore) 2) Institutional Integration (Public-Private) 3) Commercial Integration (Company-Customer) 4) Organizational Integration (Past-Present)
  • Have the skills to analyze case studies to assess the challenges and opportunities of digitalization with in the maritime sector
  • Have the skills to assess the varying degree of feasibility of forceful integration within the four dimensions and the three segments
  • Have the skills to critically evaluate the ESG (economic, social and governance) consequences of digitalization within the maritime sector
  • The competences to formulate ESG-based business models and strategies for maritime digitalization
  • The competences to design a strategic company roadmap for digitalization including aspects of optimization and aspects of innovation
Examination
Maritime Digitalization:
Exam ECTS 5
Examination form Oral exam based on written product

In order to participate in the oral exam, the written product must be handed in before the oral exam; by the set deadline. The grade is based on an overall assessment of the written product and the individual oral performance, see also the rules about examination forms in the programme regulations.
Individual or group exam Individual exam
Size of written product Max. 10 pages
Assignment type Synopsis
Release of assignment An assigned subject is released in class
Duration
Written product to be submitted on specified date and time.
15 min. per student, including examiners' discussion of grade, and informing plus explaining the grade
Grading scale 7-point grading scale
Examiner(s) Internal examiner and second internal examiner
Exam period Spring and Spring, For information relating to the exam please go to: https://eksamen.cbs.dk/
Exam dates: Hand-in case 10 March 2025. Oral exam: 20 and 21 March 2025
Make-up exam/re-exam
Same examination form as the ordinary exam
For information relating to the exam please go to: https://eksamen.cbs.dk/
Exam dates: Hand-in case 1 April 2025. Oral exam: 11 April 2025

- If a student fails the exam, he/she will receive feedback from the supervisor before submitting a revised exam paper for the re-exam.
Description of the exam procedure

The oral exam is based on an individual synopsis of min. 5 pages and max 10 pages .

Course content, structure and pedagogical approach

The fundamental idea of the course is that digitalization function as an integrator of the maritime eco-system  including customers, competitors, authorities and sea/shore based employees. We focus on the future role digitalization as a critical component in the present and future of a sustainable maritime sector, not only in a technological manner but also as a strategic, cultural and political enabler of change. To analyse the fundamental questions, the course is divided into five parts:

  1. In the first part, the students will get an introduction to the academic concept of sustainable shipping. We discuss the differences between a more narrow CSR agenda (Corporate Social Responsibility) and the broader context of ESG (Environment, Social and Government) including the need for economic sustainability. We then take a deeper look into the relation between sustainable shipping and the theories of corporate strategies and business models.
  2. In the second part we investigate the relation between sustainable business models and maritime digitalization. In this part of the course we discuss how maritime digitalization have been defined and discussed in the relevant academic literature and in the analysis we bridge these discussions with the insights part one concerning sustainable shipping.
  3. In the third part we analyse the relation between sustainable maritime business models and the dynamics of digitalization:  1) Institutional integration (public-private), 2) Technological integration (sea-shore), 3) Commercial integration (company-customer), 4) Organizational integration (past-present).
  4. The fourth part concerns the empirical cases of four maritime digital start-ups which have responded to the four dimensions in digital integration on the maritime sector. We invite the start-ups to the class room and disc uss the business models and the possible relation between these start-ups and the development of sustainable business models. The students have been analysing these companies, and there will be a guest lecture from each company: the student groups are "hosts" for these guest lectures responsible for questions, critique and moderation.
  5. The fifth and concluding part consists of a mini-conference in which the student groups analyse the digitalization of selected shipping companies, which the students have been assigned to prior to the course. We will end the course with a mini-conference in which the students will present the results of their analysis to a committee consisting of industry representatives. There will be prizes and diplomas for best presentations, best analysis and most innovative ideas. 
Description of the teaching methods
A combination of on-campus and online teaching - 6 online sessions and one double session on campus.
Feedback during the teaching period
The students will have access to feedback from the teacher during five dedicated feed-back moduls.
Student workload
Lectures 24 hours
Exam 38 hours
Preparation 76 hours
Further Information

The course consists of a total of 24 lessons (5 ECTS).

For information relating to the course please go to: canvas.cbs.dk

The course will be offered in Spring 2025;

Teaching dates:

Saturday in week 2 on campus 09.50 - 16.05

Wednesdag in weeks 3-4-5-6-4-8 online from 17.05-19.45

 

Materials are not available yet.
 

Course Coordinator: Martin Jes Iversen, mji.si@cbs.dk - Institut for Strategi og Innovation (SI)

The teachers of this course will be: Martin Jes Iversen, mji.si@cbs.dk 


Programme Administrator: Pernille Nielsen pen.om@cbs.dk

Expected literature

Andal-Ancion, A., Cartwright, P., and Yip, G. S. (2003). The Digital Transformation of Traditional Businesses. MIT Sloan Management Review, Vol. 44, No. 4, pp. 34-41.

 

BCG (2019), Digital Transformation in the Shipping Industry (available from https:/​/​www.bcg.com/​industries/​transportation-travel-tourism/​center-digital-transportation/​shipping.aspx)

Berman, S. J. (2016). Digital transformation: opportunities to create new business models. Strategy & Leadership, Vol. 40, No. 2, pp. 16-24.Bray, J. (2018).

 

Egloff, C., Sanders, U., Riedl, J., Mohottala, S., and Georgaki, K. (2018). The Digital Imperative in Container Shipping (available from www.bcg.com/​publications/​2018/​digital-imperative-container-shipping.aspx).

 

Freeman, C. & Louca, F. (2002). As Time Goes By: From the Industrial Revolutions to the Information Revolution, Oxford: Oxford University Press.

 

Freeman, R. E. (2010). Strategic Management, A Stakeholder Approach, Cambridge: Cambridge University Press.

 

Fitzgerald, M., Kruschwitz, N., Bonnet, D., and Welch, M. (2013). Embracing Digital Technology: A New Strategic Imperative. MIT Sloan Management Review, Vol. 2, pp. 1–12.

 

Futurenautics Maritime in association with Ericsson (2017). Waypoint Digital 2017. Digital Infrastructure, Investment, Initiatives and Transformation in the Shipping and Maritime Industry. London: Futurenautics Ltd.

 

Gladwin, T. N., Kennelly, J. T., and Krause, T.-S. (1995). Shifting Paradigms for Sustainable Development: Implications for Management Theory and Research. The Academy of Management Review, Vol. 20, No. 4. pp. 874-907.

 

Goldfarb, A. & Tucker, C. (2017): Digital Economics, NBER Working Paper Series, Working Paper 23684, http:/​/​pinguet.free.fr/​nber23684.pdf, pp. 1-50.

 

Iversen, M.J. and Bull, J. (2020). Danish Shipping in the 21st Century, Navigating Troubled Waters, London: Palgrave MacMillan.

 

Lind, M., Michaelides, M., Ward, R., Watson, R. T. (2021). Maritime Informatics, Springer Cham.

 

PWC (2017). The Digital Transformation of Shipping. Opportunities and Challenges for Norwegian and Greek Shipping Companies (available from www.pwc.no/​no/​publikasjoner/​shipping/​The-Digital-Transformation-of-Shipping_HE-NO.pdf).

 

Quitsau, J., Tontara, N., Vöpel, H., Jahn, M., Otto, A., and Wolf, A. (2018). Shipping in an Era of Digital Transformation. Hamburg. Berenberg and HWWI.

 

Saxon, S., and Stone, M. (2017a). Container shipping: the next 50 years. London: McKinsey & Company – Travel, Transport & Logistics (available from www.mckinsey.com/​~/​media/​mckinsey/​industries/​travel%20transport%20and%20logistics/​our%20insights/​how%20container%20shipping%20could%20reinvent%20itself%20for%20the%20digital%20age/​container-shipping-the-next-50-years-final.ashx).

 

Saxon, S., and Stone, M. (2017b). How container shipping could reinvent itself for the digital age. London: McKinsey & Company – Travel, Transport & Logistics (available from www.mckinsey.com/​industries/​travel-transport-and-logistics/​our-insights/​how-container-shipping-could-reinvent-itself-for-the-digital-age).

 

Taran, Y., Boer, H., and Lindgren, P. (2015). A business model innovation typology. Decision Sciences, Vol. 46, No. 2, pp. 301-331.

Teece, D. J. (2010). Business models, business strategy and innovation. Long Range Planning, Vol. 43, No. 2/3, pp. 172–194.

Tellis, G. J., and Golder, P. N. (1996). First to Market, First to Fail? Real Causes of Enduring Market Leadership. MIT Sloan Management Review, Vol. 37, No. 2, pp. 65-75.

 

Tijan, E., Jovic, M., Aksentijevic, S., Pucihar, A. (2021), Digital transformation in the maritime transport sector, Technological Forecasting & Social Change, Vol. 170, No. 8, pp. 1-16.   

https:/​/​www.researchgate.net/​publication/​351851417_Digital_transformation_in_the_maritime_transport_sector

 

Verdin, P. & Tackx, K. (2015). Are You Creating or Capturing Value? A dynamic framework for sustainable strategy, M-RCBG Associate Working Papers Series, No. 36, Harvard Kennedy School, https:/​/​www.hks.harvard.edu/​sites/​default/​files/​centers/​mrcbg/​files/​Verdin_final.pdf, pp. 1-20. 

 

Vonck, I. (2017). The impact of maritime digital transformations. Three options to respond to the challenges of digital disruption. Deloitte, August 8 (available from www2.deloitte.com/​nl/​nl/​pages/​energy-and-resources/​articles/​the-impact-of-maritime-digital-transformations.html).

Last updated on 20-11-2024