Digital Transformation: A Strategic Imperative for Modern Enterprises

Digital transformation has become essential for businesses across various sectors, significantly impacting customer relationships, internal processes, and value creation. This paper reviews the critical insights and frameworks related to digital transformation, focusing on strategic alignment, digital maturity, and implementation challenges. It synthesizes findings from recent studies to offer a comprehensive understanding of the process and its implications. Key literature highlights the necessity of a clear, well-defined strategy that integrates digital initiatives with broader business objectives. The study employs a systematic literature review method, collecting data from scientific articles, industry reports, and conference proceedings. It analyzes this data through thematic and comparative approaches to develop a structured roadmap for digital transformation. The findings emphasize the importance of assessing digital maturity, addressing resistance to change, and ensuring interoperability between new and existing systems. Challenges such as organizational resistance and lack of strategic direction are discussed, along with recommendations for a phased implementation approach. Additional insights into the unique challenges faced by SMEs, advocating for tailored digital strategies. The paper concludes that successful digital transformation requires a holistic approach that encompasses strategy, technology, and organizational culture. Future research should focus on providing detailed guidelines for SMEs and exploring the long-term effects of digital transformation on organizational culture and employee engagement.

Authors

Publication Details

Journal
Journal of Economics Assets and Evaluation
Published
2024-08-31
DOI
https://doi.org/10.47134/jeae.v2i1.456
Citations
4
Primary Topic
Digital Transformation in Industry
Type
article
Field-Weighted Citation Impact
1.40
Controls
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article

Digital Transformation: A Strategic Imperative for Modern Enterprises

Febria Anjara, Feri Nugroho, Alfi Maghfuriyah, Revita Desi Hertin et al.
4 citations
Journal of Economics Assets and Evaluation
Digital Transformation in Industry
1.40
article

Digital Transformation: A Strategic Imperative for Modern Enterprises

Febria Anjara, Feri Nugroho, Alfi Maghfuriyah, Revita Desi Hertin, Nora Listiana, Nurul Aslamiah Istiqomah, Fayza Namira Musahid, Fiddini Sharika Fawzi, Hadi Wijaya
article en
4 citations

Abstract

Digital transformation has become essential for businesses across various sectors, significantly impacting customer relationships, internal processes, and value creation. This paper reviews the critical insights and frameworks related to digital transformation, focusing on strategic alignment, digital maturity, and implementation challenges. It synthesizes findings from recent studies to offer a comprehensive understanding of the process and its implications. Key literature highlights the necessity of a clear, well-defined strategy that integrates digital initiatives with broader business objectives. The study employs a systematic literature review method, collecting data from scientific articles, industry reports, and conference proceedings. It analyzes this data through thematic and comparative approaches to develop a structured roadmap for digital transformation. The findings emphasize the importance of assessing digital maturity, addressing resistance to change, and ensuring interoperability between new and existing systems. Challenges such as organizational resistance and lack of strategic direction are discussed, along with recommendations for a phased implementation approach. Additional insights into the unique challenges faced by SMEs, advocating for tailored digital strategies. The paper concludes that successful digital transformation requires a holistic approach that encompasses strategy, technology, and organizational culture. Future research should focus on providing detailed guidelines for SMEs and exploring the long-term effects of digital transformation on organizational culture and employee engagement.

Journal of Economics Assets and EvaluationVol. 2(1)
Openalex Percentile: Top 17%
Digital Transformation in Industry
1.40
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