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Scientific Article details

Title Developing a Business Maturity Framework (BMF) in the Oil and Gas Industry
ID_Doc 78082
Authors Panduru, DA; Scarlat, C; Ioanid, A
Title Developing a Business Maturity Framework (BMF) in the Oil and Gas Industry
Year 2024
Published European Journal Of Sustainable Development, 13, 1
DOI 10.14207/ejsd.2024.v13n1p263
Abstract This study explores the utility of business maturity models in navigating dynamic business landscapes. It assesses existing models, develops an industry-specific Business Maturity Framework (BMF), and emphasizes foundational considerations for effective implementation aligned with organizational goals. The study concludes by highlighting the perpetual nature of business maturity and the BMF's efficacy in enhancing operational excellence, competitiveness, and sustainable growth in the oil and gas sector. The paper contributes to specialized literature by introducing a novel dimension that evaluates market and customer readiness for future digitalization levels, thereby providing a comprehensive approach to business maturity.
Author Keywords business transformation; digital process maturity; business maturity framework (BMF); incremental changes; maturity assessment; disruptive changes; oil and gas industry
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Emerging Sources Citation Index (ESCI)
EID WOS:001159040100023
WoS Category Environmental Sciences
Research Area Environmental Sciences & Ecology
PDF http://ecsdev.org/ojs/index.php/ejsd/article/download/1511/1483
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