Framework to assess organizational readiness for digital transformation

Abstract

<jats:p>The digital transformation puts to the test the sustainability of traditional business models. The aim of this research work is to formulate a framework that explains resources, capabilities and management choices necessary to respond to the new environment. The proposal is based on literature review of both theoretical and empirical research. The framework abstracts complexity to isolate a few key variables. Its specification is based on system dynamics since it naturally models forces of change in a complex system so that their influences can be better understood.La transformación digital pone a prueba la sustentabilidad de los modelos de negocio tradicionales. El objetivo de este trabajo de investigación es formular un marco de referencia que explique los recursos, capacidades y decisiones gerenciales necesarias para responder al nuevo ambiente. La propuesta se basa en una revisión literaria de investigaciones tanto teóricas como empíricas. El marco de referencia abstrae la complejidad para aislar unas pocas variables clave. Su especificación se basa en dinámica de sistemas dada que naturalmente modela fuerzas de cambio en un sistema complejo de modo que sus influencias pueden entenderse mejor.A transformação digital testa a sustentabilidade dos modelos de negócios tradicionais. O objetivo desta pesquisa é desenvolver um modelo para explicar os recursos, capacidades e decisões de gestão necessárias para responder ao novo ambiente. A proposta é baseada em uma revisão da literatura tanto da pesquisa teórica e empírica. O modelo abstrai a complexidade para isolar algumas variáveis-chave. Sua especificação é baseada en dinâmica de sistemas dado que naturalmente modela as forças de mudança em um sistema complexo de modo que sua influência pode ser melhor compreendida.</jats:p>

Digital transformation as an interaction-driven perspective between business, society, and technology

“…Similar but more general ones are proposed by Pihir, Tomičić-Pupek, and Tomičić Furjan (2019). Finally, a hybrid framework (both iterative and relatively exhaustive) described DT as the interplay between the business, managerial choices, resources, and the competitive landscape (Sanchez, 2017). While these models explain what DT is, they do not offer any advice on how a company should initialize DT projects.…”

Strategy for digital organization: Testing a measurement tool for digital transformation

“…The environmental circumstances and organizational dynamic can be essential parts of framework for assessing readiness for digital transformation (Sanchez, 2017). Organizational success depends on industry structure.…”

“…The main factors are: rivalry, threat of substitutes, bargaining power of customers, bargaining power of suppliers, and threat of new entrants (Porter, 1991). Resources and capabilities of organization can be the following: scale of operations, data talent, collaborative culture, cumulative learning, and innovation capacities (Sanchez, 2017).…”

Analysis of Industrial Readiness 4.0 on Family Business

“…In previous studies focus on identifying competencies needed by the operational workforce in the face of industry 4.0, of course, supported by a digital business strategy is one thing that can encourage industry 4.0 readiness in addition to stability competence (Bermúdez & Juárez, 2017). The importance of developing digital strategies as operational needs to ensure efficient and reliable processes and change operations using digital technology for more significant interaction and collaboration with customers (Sánchez, 2017). Reshaping the operating model requires the integration of all aspects of the business and optimizing everything related to the activity.…”