Management of digital business transformation

The article analyzes the importance of digital transformation as an integral part of modern business and the role of effective change management in its implementation. Digital transformation is radically changing traditional business models, creating new opportunities for growth, adapting to rapid technological change, and securing competitive advantages in the digital economy. The success of such transformations largely depends on change management, which helps organizations to smoothly integrate innovations, adapt staff to new approaches, and maintain corporate culture. The article discusses in detail the main aspects of digital transformation, including the impact of digital technologies on business efficiency, increasing customer focus and process optimization. The article highlights modern approaches to change management, such as creating leadership teams, staff training, developing digital skills, and implementing analytical solutions. Examples of successful cases of digital strategies implementation are provided, which demonstrate the positive impact of transformation initiatives on the market positions of companies.

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Publication Details

Journal
Financial and credit systems prospects for development
Published
2025-04-01
DOI
https://doi.org/10.26565/2786-4995-2025-1-12
Citations
1
Primary Topic
Economic and Technological Developments in Russia
Type
article
Field-Weighted Citation Impact
3.45
Controls
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article

Management of digital business transformation

Maksym Babenko, Timur Malafieiev, Tetyana Novikova, Olena Khrystoforova
1 citations
Financial and credit systems prospects for development
Economic and Technological Developments in Russia
3.45
article

Management of digital business transformation

Maksym Babenko, Timur Malafieiev, Tetyana Novikova, Olena Khrystoforova
article en
1 citations

Abstract

The article analyzes the importance of digital transformation as an integral part of modern business and the role of effective change management in its implementation. Digital transformation is radically changing traditional business models, creating new opportunities for growth, adapting to rapid technological change, and securing competitive advantages in the digital economy. The success of such transformations largely depends on change management, which helps organizations to smoothly integrate innovations, adapt staff to new approaches, and maintain corporate culture. The article discusses in detail the main aspects of digital transformation, including the impact of digital technologies on business efficiency, increasing customer focus and process optimization. The article highlights modern approaches to change management, such as creating leadership teams, staff training, developing digital skills, and implementing analytical solutions. Examples of successful cases of digital strategies implementation are provided, which demonstrate the positive impact of transformation initiatives on the market positions of companies.

Financial and credit systems prospects for developmentVol. 1(16)
V. N. Karazin Kharkiv National University (UA)
Openalex Percentile: Top 9%
Economic and Technological Developments in Russia
3.45
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Management of digital business transformation — Maksym Babenko, Timur Malafieiev, et al. · Financial and credit systems prospects for development (2025) | TGRS Research Map | TGRS