The Road to Digital Excellence: Addressing Challenges and Exploring Opportunities in Business
The Road to Digital Excellence: Addressing Challenges and Exploring Opportunities in Business
Author(s): Dilyana Yaneva, Aleksander Popkochev, Iuliana Petronela GÂRDAN (Geangu), Mihai Andronie, Daniel Adrian GârdanSubject(s): Business Economy / Management, Economic development, ICT Information and Communications Technologies
Published by: Editura Fundaţiei România de Mâine
Keywords: digital transformation; digitalization; digital technologies; innovation capacity; digital competitiveness; corporate social responsibility;
Summary/Abstract: In contemporary circumstances, economic and societal realms encounter a multitude of issues and hurdles. The pivotal instrument for fostering enduring progress in business lies in digital transformation. The exploration of innovative business models, managerial methodologies, and reorganizational strategies amid the age of digitization presents a spectrum of prospects to enhance innovation capabilities, digital competitiveness, and corporate social responsibility. Within this framework, a study delving into the challenges of digital transformation and the potential it affords becomes imperative for strategic management decisions, fostering rapid adaptation to the emergent digital business paradigm. Present paper explore this topic from the perspective of challenges and in the same time opportunities that are encountered related with the digital transformations of business activities. Conclusions are establishing the complex relationship between the process of digitization and challenges specific for overcoming problems inherent for technology acceptance by certain social groups.
Journal: Annals of Spiru Haret University. Economic Series
- Issue Year: 23/2023
- Issue No: 4
- Page Range: 653-666
- Page Count: 14
- Language: English