TY - GEN
T1 - Investigating the impact of Digital Transformation on Organizational Strategy Performance
AU - Moatshe, Dinah Funa
AU - Ramdass, Kemlall Ramsaroop
AU - Sukdeo, Nita
N1 - Publisher Copyright:
© 2024 IEEE.
PY - 2024
Y1 - 2024
N2 - This study examines the impact of digital transformation on organizational strategy performance within a financial service institution. Through the qualitative interviews and thematic analysis, the study aimed to identify the current effects of digital initiatives, determine the role of these initiatives in strategy performance, and offer recommendations for enhancement through a case study analysis. A total of 30 participants were interviewed through purposive sampling. The findings reveal that digital transformation significantly influences employee productivity and efficiency, with a notable shift towards a customer-centric approach. While these changes are promising, challenges such as aligning digital strategies with overall business goals and digitizing customer interactions persist. The research highlights that strategic performance thrives when there is a strong alignment between digital transformation efforts and the company's strategic objectives. Leadership and governance emerge as pivotal elements in driving the digital agenda forward, coupled with the need for continuous learning and adaptability among employees.
AB - This study examines the impact of digital transformation on organizational strategy performance within a financial service institution. Through the qualitative interviews and thematic analysis, the study aimed to identify the current effects of digital initiatives, determine the role of these initiatives in strategy performance, and offer recommendations for enhancement through a case study analysis. A total of 30 participants were interviewed through purposive sampling. The findings reveal that digital transformation significantly influences employee productivity and efficiency, with a notable shift towards a customer-centric approach. While these changes are promising, challenges such as aligning digital strategies with overall business goals and digitizing customer interactions persist. The research highlights that strategic performance thrives when there is a strong alignment between digital transformation efforts and the company's strategic objectives. Leadership and governance emerge as pivotal elements in driving the digital agenda forward, coupled with the need for continuous learning and adaptability among employees.
UR - http://www.scopus.com/inward/record.url?scp=85218004843&partnerID=8YFLogxK
U2 - 10.1109/IEEM62345.2024.10857127
DO - 10.1109/IEEM62345.2024.10857127
M3 - Conference contribution
AN - SCOPUS:85218004843
T3 - IEEE International Conference on Industrial Engineering and Engineering Management
SP - 1194
EP - 1198
BT - IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2024
PB - IEEE Computer Society
T2 - 2024 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2024
Y2 - 15 December 2024 through 18 December 2024
ER -