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Title What Should Be Focused on When Digital Transformation Hits Industries? Literature Review of Business Management Adaptability
ID_Doc 75587
Authors Zhang, Y; Fong, PSW; Agyemang, DY
Title What Should Be Focused on When Digital Transformation Hits Industries? Literature Review of Business Management Adaptability
Year 2021
Published Sustainability, 13, 23
DOI 10.3390/su132313447
Abstract How traditional industries adapt to the digital economy to achieve sustainable development has attracted scholars and practitioners. Exploring the concept of BMA (business management adaptability) can not only theoretically explain adaptive micro-operation mechanisms but can provide practical guidance for enterprises to form adaptability. To date, although a lot of effort is being spent on detecting the adaptive construction elements, refining the BMA to specific management levels, a comprehensive review combines adaptability construction elements and specific levels have not yet been formed. In this trial, this paper innovatively utilizes a hybrid method that consists of a bibiometric and structural literature review to conduct a comprehensive theoretical study of relevant literatures from 1970 to 2020. By displaying current research conclusions and their defects, this study combines adaptability construction elements and innovatively forms a multi-level BMA framework. In this framework, this paper reveals the importance of setting up performance evaluation systems that focus on corporate profitability, probing and counterpoising relations between internal and external environments. Finally, this paper provides recommendations for practitioners about how to build their own competitive advantages when the digital economy hits the global world.
Author Keywords business management adaptability; dynamic environment; digital economy; hybrid literature review; multi-level theoretical framework
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI)
EID WOS:000735092300001
WoS Category Green & Sustainable Science & Technology; Environmental Sciences; Environmental Studies
Research Area Science & Technology - Other Topics; Environmental Sciences & Ecology
PDF https://www.mdpi.com/2071-1050/13/23/13447/pdf?version=1638621135
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