Investigation into the Role of Leadership in the Management of Digital Transformation for Small and Medium Enterprises
Commenced in January 2007
Frequency: Monthly
Edition: International
Paper Count: 33122
Investigation into the Role of Leadership in the Management of Digital Transformation for Small and Medium Enterprises

Authors: Francesco Coraci, Abdul-Hadi G. Abulrub

Abstract:

Digital technology is transforming the landscape of the industrial sector at a precedential level by connecting people, processes, and machines in real-time. It represents the means for a new pathway to achieve innovative, dynamic competitive advantages, deliver unique customers’ values, and sustain critical relationships. Thus, success in a constantly changing environment is governed by the ability of an organization to revolutionize their business models, deliver innovative solutions, and capture values from big data analytics and insights. Businesses need to re-strategize operations and develop extra capabilities to cope with the necessity for additional flexibility and agility. The traditional “command and control” leadership style is structurally and operationally incompatible with the digital era. In this paper, the authors discuss how transformational leaders can act as a glue in the social, organizational context, which is crucial to enable the workforce and develop a psychological attachment to the digital vision.

Keywords: Internet of things, strategy, change leadership, dynamic competitive advantage, digital transformation.

Procedia APA BibTeX Chicago EndNote Harvard JSON MLA RIS XML ISO 690 PDF Downloads 695

References:


[1] W. Wasmi, "The impact of digitization on the economy of ksa in the context of vision 2030," International Journal of Engineering Applied Sciences and Technology, vol. 4, no. 4, pp. 312-316, 2019.
[2] D. Evans, "The internet of things how the next evolution of the internet is changing everything," Apr 2011. (Online). Available: http://bit.ly/1LgfMSb. (Accessed 17 Dec 2016).
[3] A. Abulrub, " The strategic role of smart consumers in reshaping energy into smart decentralised system," Journal of Global Strategic Management, vol. 10, no. 2, 2016.
[4] J. Manyika, M. Chui, P. Bisson, J. Woetzel, R. Dobbs, J. Bughin and D. Aharon, "Unlocking the potential of the internet of things," 1 June 2015. (Online). Available: http://bit.ly/2eRn6X8. (Accessed 12 Dec 2016).
[5] M. Loffler and A. Tschiesner, "The internet of things and the future of manufacturing business technology office," 1 June 2013. (Online). Available: http://bit.ly/2gZ6oJe. (Accessed 10 Dec 2016).
[6] I. Mergel, N. Edelmann and N. Haug, "2019. Defining digital transformation: Results from expert interviews," Government Information Quarterly, vol. 36, no. 4, p. 101385, 2019.
[7] M. Porter and J. Heppelmann, "How smart, connected products are transforming companies," Harvard Business Review, vol. 93, no. 10, pp. 96-115, 2015.
[8] A. Abulrub and J. Lee, "Open innovation management: challenges and prospects," Procedia-Social and Behavioral Sciences, vol. 41, pp. 130-138, 2012.
[9] R. McGrath, "Transient advantage," Harvard Business Review, vol. 91, no. 6, pp. 62-70, 2013.
[10] M. Porter and J. Heppelmann, "How smart, connected products are transforming competition," Harvard Business Review, vol. 92, no. 11, pp. 64-88, 2014.
[11] L. Faeste, J. Hemerling, P. Keenan and M. Reeves, "Transformation the imperative to change," 3 Nov 2014. (Online). Available: http://on.bcg.com/1A7PdZ0. (Accessed 16 Jul 2016).
[12] P. Keenen, K. Powell, M. Kurstjens, M. Lewis and M. Busetti, "Changing change management: a blue print that take hold," 19 Dec 2012. (Online). Available: http://on.bcg.com/1U107d7. (Accessed 19 Dec 2016).
[13] J. Eskildsen, J. Dahlgaard and A. Norgaard, "The impact of creativity and learning on business excellence," Total Quality Management, vol. 10, no. 4-5, pp. 523-530, 1999.
[14] K. Osmundsen, "Competences for Digital Transformation: Insights from the Norwegian Energy Sector," in Hawaii International Conference on System Sciences, 2020.
[15] I. Nonaka, "The knowledge-creating company," Harvard Business Review, vol. 85, no. 7/8, pp. 162-171, 2007.
[16] J. Kotter, "Leading change: why transformation efforts fail," IEEE Engineering Management Review, vol. 37, no. 3, pp. 42-48, 2009.
[17] M. Daub and A. Wiesinger, "Acquiring the capabilities you need to go digital," 1 March 2015. (Online). Available: http://bit.ly/2hICrdL. (Accessed 19 Dec 2016).
[18] M. Beer and N. Nohria, "Cracking the code of change," Harvard Business Review, vol. 78, no. 3, pp. 133-141, 2000.