SOCIAL AND ECONOMIC DEVELOPMENT MODELS IN THE Digital transformation era

Бондаренко, Валентина Михайловна; Aleshkovski, Ivan

doi:10.30564/jesr.v2i1.468

Cited by 8 publications

(6 citation statements)

References 2 publications

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“…, 2009). This approach aims for a nuanced, holistic understanding of DT as a dynamic concept influenced by economic, social and technological factors (Bondarenko and Aleshkovski, 2019).…”

Section: Research Philosophy and Methodological Approachmentioning

confidence: 99%

Business digital transformation: strategy adaptation, communication and future agenda

Cosa

2023

JSMA

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PurposeThis study addresses the pivotal role of digital transformation (DT) in the post-pandemic business landscape, identifying a notable gap in comprehending strategic adaptations and digital communication amidst the complexities of the digital era. It seeks to illuminate practical insights for businesses navigating through DT by intertwining its technological and organizational aspects.Design/methodology/approachEmploying a conceptual approach, this paper synthesizes existing literature and theoretical frameworks related to DT, integrating its technological, strategic and organizational dimensions. It utilizes real-world instances to elucidate the digital era’s practical implications and strategic adaptations. The study also proposes a research agenda that spotlights pressing DT issues, challenges and actionable strategies for businesses.FindingsDespite DT’s inherent complexity, the paper reveals that it is crucial for businesses navigating the contemporary digital landscape. It underscores the importance of strategic adaptations in DT, highlighting their implications on customer experiences and organizational structures amidst the evolving technological and market dynamics. Moreover, it accentuates the significance of effective digital communication strategies in enhancing user experiences and conveying value propositions adeptly.Originality/valueThis paper brings vital aspects of DT impacting modern organizations, offering invaluable insights for practitioners and scholars aiming to comprehend and navigate DT’s complexities. The identified research gaps underscore the necessity for further exploration, aiming to broaden DT’s theoretical and practical facets.

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“…, 2009). This approach aims for a nuanced, holistic understanding of DT as a dynamic concept influenced by economic, social and technological factors (Bondarenko and Aleshkovski, 2019).…”

Section: Research Philosophy and Methodological Approachmentioning

confidence: 99%

Business digital transformation: strategy adaptation, communication and future agenda

Cosa

2023

JSMA

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“…This underscores the complexities of ICT4D as a field and the importance of aligning it with the challenges and opportunities of digital transformation in the modern era. Bondarenko and Aleshkovski (2019) analyze the development regularities of human systems in the context of digital transformation, identifying three potential social and economic development models in the era of Industry 4.0. These models are distinguished by their development purposes and the relationships they establish between the state, society, business, and individuals.…”

Section: Conceptualizing Digital Transformation: Theoretical Perspect...mentioning

confidence: 99%

“…These models are distinguished by their development purposes and the relationships they establish between the state, society, business, and individuals. The authors argue that only one of these models is capable of fostering sustainable development and creating a new economic paradigm that aligns with 21st-century digital technologies (Bondarenko & Aleshkovski, 2019). Taimaskhanov (2021) delves into the socio-economic prerequisites and factors driving digital transformation.…”

Section: Conceptualizing Digital Transformation: Theoretical Perspect...mentioning

confidence: 99%

Digital transformation and economic development: A review of emerging technologies' impact on national economies

Simon Kaggwa,

Deborah Idowu Akinwolemiwa,

Samuel Onimisi Dawodu

et al. 2023

World J. Adv. Res. Rev.

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This scholarly investigation delves into the transformative influence of digital technologies on national economies, marking a pivotal shift in the global economic landscape. The study's primary objective was to dissect the multifaceted impact of digital transformation, scrutinizing its role in reshaping economic sectors and societal norms. Adopting a qualitative synthesis of peer-reviewed literature, the research meticulously evaluated the economic ramifications of emerging technologies, drawing insights from diverse global contexts and industries. The findings reveal that digital transformation catalyses economic change, with significant variations observed across sectors such as healthcare and manufacturing. The study highlights the critical role of digital technologies in driving innovation, enhancing productivity, and fostering sustainable development. Case studies from different countries provided real-world perspectives on the implementation of digital strategies, underscoring the challenges and opportunities inherent in this digital shift. Conclusively, the research emphasizes the necessity of strategic planning and policy support in navigating the complexities of digital transformation. It advocates for a holistic approach that considers sociocultural, political, and economic factors in technology adoption, stressing the importance of global partnerships in fostering digital economic growth. The study culminates in recommendations aimed at guiding policymakers and business leaders in leveraging digital transformation for sustainable and inclusive economic development. In essence, this paper offers a comprehensive and nuanced understanding of the digital era's impact on national economies, serving as a valuable resource for stakeholders navigating the ever-evolving landscape of digital transformation.

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“…The pandemic has led to considerable changes in work designs and business processes that are characterized by the increased usage of information and communication technology (ICT), across all industries in both public and private sectors, in the effort to achieve sustainability and productivity to meet organizational objectives (Arshad, 2021;Bai et al, 2021). This digital transformation was an important aspect of economic development (Bondarenko and Aleshkovski, 2019) and has served to increase focus on strategic measures in changing how organizations and business leaders interact with both internal and external stakeholders (Bartsch et al, 2020;Eichenauer et al, 2022;Hai et al, 2021a, b;Stoker et al, 2022).…”

Section: Introductionmentioning

confidence: 99%

Leaders’ behavioral approach in the digital era: task vs relationship

Farhan

Chaudhry

Razmak

et al. 2023

JOEPP

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PurposeThe importance of modeling digital leadership in quickly digitizing countries, like the United Arab Emirates (UAE), is inevitable for building leadership capabilities to lead, engage and motivate remote employees in the digital environment. Using Blake and Mouton Grid, the current study examines the behavioral approach used by the leaders from both public and private sectors while managing their workforce digitally in the period of the pandemic, when 70% of the workforce worked remotely for the first-time in the region.Design/methodology/approachAn online survey was conducted by the managerial employees working in different firms using self-administered questionnaires and adopting the snowball sampling technique. In total, 476 respondents participated in the study from both the Emirates of Abu Dhabi and Dubai.FindingsThe analysis using IBM SPSS and Smart PLS software reported that 9 out of 10 leaders positioned their digital leadership style well above the middle-of-the-road management style (5,5) oriented towards team management (9,9); with 7 out of 9 displaying high team management leadership style, while managing remote workers. However, millennials displayed higher task orientation when compared to generation-x leaders, who concentrated more on their relations with the workers.Practical implicationsThe findings have implications for practitioners in technology driven regions. Also the results highlighting the task-oriented approach of millennials digital leaders have implication for owners and board of directors of the firms that seniority is not the only credible approach for leadership positions.Originality/valueThe study reveals the behavioral styles beneficial for digital leaders to develop their leadership capabilities and increase their effectiveness while managing the workforce digitally. Black Mountain Grid and its two-dimensional leadership matrix has been found to be a useful conceptual approach for understanding digital leadership behaviors, and based on study findings, recommendations have been provided to effectively improve its utilization for leading teams. The findings have implications for practitioners in technology driven regions as well as digital leadership field scholars.

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SOCIAL AND ECONOMIC DEVELOPMENT MODELS IN THE Digital transformation era

Cited by 8 publications

References 2 publications

Business digital transformation: strategy adaptation, communication and future agenda

Business digital transformation: strategy adaptation, communication and future agenda

Digital transformation and economic development: A review of emerging technologies' impact on national economies

Leaders’ behavioral approach in the digital era: task vs relationship

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