Organizational digital transformation: from evolution to future trends

Abstract

PurposeThis article explores the emergence of organizational digital transformation in the rapidly advancing technological era. It discusses the origins, driving forces, strategies, challenges and broader implications.Design/methodology/approachThe article employs a scoping review methodology that synthesizes knowledge from the existing literature, research, case studies and other relevant sources.FindingsThe findings underscore the pivotal role that organizational digital transformation plays in an era of relentless technological advancement. Leadership, organizational culture and technological enablers are identified as crucial drivers of innovation and competitiveness within organizations. The article also emphasizes ethics as a crucial element of digital transformation, focusing in particular on concerns about data privacy and the morality of artificial intelligence. Additionally, the author talks about anticipated future trends that are anticipated to influence the future of digital transformation, such as the growing influence of artificial intelligence, the trend toward hyper-personalization and the emergence of quantum computing.Research limitations/implicationsThe assessment has failed to provide recommendations for the actual implementation because it has mainly concentrated on conceptual and strategic aspects. Furthermore, it does not clearly define the criteria for choosing real-world examples, which limits the representation of the different industries, size ranges of organizations and outcomes associated with digital transformation.Practical implicationsThe article stresses the significance of paying attention to the forces driving digital transformation while navigating ethical and societal concerns. In addition to highlighting the importance of anticipating future trends for strategic planning in the rapidly changing digital landscape, it emphasizes the advantages as incentives for organizations to invest in digital initiatives.Social implicationsThe investigation demonstrates how technology contributes to progress while posing complex ethical and change management issues. In light of increased connectivity, data analytics and artificial intelligence, it highlights the crucial need for societal adaptability and highlights the crucial role that cooperative human–machine coexistence plays in responsible development and transformative societal evolution.Originality/valueThe article stands out because it examines organizational digital transformation in-depth while considering its historical roots, ethical implications and future prospects. It is a priceless contribution to the field because real-world case studies and a scoping review provide a distinctive viewpoint and a comprehensive view of the effects of digital transformation on organizations and society.

Untitled

“…E.J. Omol (2023) denotes that digital transformation serves as a catalyst for change management and the transformation of businesses. With digital transformation comes the revamping of the business model with digital tools being introduced (Tenyukh et al, 2022).…”

“…According to E.J. Omol (2023), the two enjoy a symbiotic relationship in the PE firm environment although digital enablement focuses on improving the existing business process rather than completely changing it. The digital enablement strategy creates value by encouraging the use of new technologies that collect vital PE industry information which improves decision making.…”

Increasing the EBITDA of private equity portfolio company through digital enablement

“…E.J. Omol (2023) denotes that digital transformation serves as a catalyst for change management and the transformation of businesses. With digital transformation comes the revamping of the business model with digital tools being introduced (Tenyukh et al, 2022).…”

“…According to E.J. Omol (2023), the two enjoy a symbiotic relationship in the PE firm environment although digital enablement focuses on improving the existing business process rather than completely changing it. The digital enablement strategy creates value by encouraging the use of new technologies that collect vital PE industry information which improves decision making.…”