Investigating the impact of Digital Transformation on Organizational Strategy Performance

Dinah Funa Moatshe, Kemlall Ramsaroop Ramdass, Nita Sukdeo

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

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.

Original languageEnglish
Title of host publicationIEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2024
PublisherIEEE Computer Society
Pages1194-1198
Number of pages5
ISBN (Electronic)9798350386097
DOIs
Publication statusPublished - 2024
Event2024 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2024 - Bangkok, Thailand
Duration: 15 Dec 202418 Dec 2024

Publication series

NameIEEE International Conference on Industrial Engineering and Engineering Management
ISSN (Print)2157-3611
ISSN (Electronic)2157-362X

Conference

Conference2024 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2024
Country/TerritoryThailand
CityBangkok
Period15/12/2418/12/24

ASJC Scopus subject areas

  • Business, Management and Accounting (miscellaneous)
  • Industrial and Manufacturing Engineering
  • Safety, Risk, Reliability and Quality

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