Digital Transformation Analysis of Retail Enterprises: A Case Study of Tianhong

In the context of the digital economy, digital transformation is an inevitable trend for the future development of retail enterprises. Based on a case analysis of the digital transformation of Tianhong, this study presents a digital path for retail enterprises. Additionally, the study identified several general issues that retail enterprises encounter during digital transformation. These include a need for more clarity regarding the digital transformation strategy. This organizational structure needs to be aligned with the digital transformation, a shortage of digital talent, and the existence of short boards that oversee the digital transformation of enterprises. Based on this, and in conjunction with the case of the digital transformation of Tianhong, this study puts forward several recommendations for the digital transformation of retail enterprises. Firstly, enterprises should develop a clear digital transformation strategy. Secondly, they should speed up organizational change and reshape the corporate culture. Thirdly, they should strengthen the cultivation of composite talents. Fourthly, they should build a good team of digital talents. Finally, they should adhere to the nature of consumer-centric business.

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Publication Details

Journal
Advances in Economics Management and Political Sciences
Published
2024-10-12
DOI
https://doi.org/10.54254/2754-1169/109/2024bj0119
Citations
1
Primary Topic
Digitalization and Economic Development in Agriculture
Type
article
Field-Weighted Citation Impact
0.55
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article

Digital Transformation Analysis of Retail Enterprises: A Case Study of Tianhong

Weichu Liao
1 citations
Advances in Economics Management and Political Sciences
Digitalization and Economic Development in Agriculture
0.55
article

Digital Transformation Analysis of Retail Enterprises: A Case Study of Tianhong

Weichu Liao
article en
1 citations

Abstract

In the context of the digital economy, digital transformation is an inevitable trend for the future development of retail enterprises. Based on a case analysis of the digital transformation of Tianhong, this study presents a digital path for retail enterprises. Additionally, the study identified several general issues that retail enterprises encounter during digital transformation. These include a need for more clarity regarding the digital transformation strategy. This organizational structure needs to be aligned with the digital transformation, a shortage of digital talent, and the existence of short boards that oversee the digital transformation of enterprises. Based on this, and in conjunction with the case of the digital transformation of Tianhong, this study puts forward several recommendations for the digital transformation of retail enterprises. Firstly, enterprises should develop a clear digital transformation strategy. Secondly, they should speed up organizational change and reshape the corporate culture. Thirdly, they should strengthen the cultivation of composite talents. Fourthly, they should build a good team of digital talents. Finally, they should adhere to the nature of consumer-centric business.

Advances in Economics Management and Political SciencesVol. 109(1)
Hunan Normal University (CN)
Industry, innovation and infrastructure
Openalex Percentile: Top 21%
Digitalization and Economic Development in Agriculture
0.55
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