2023
DOI: 10.3390/su151411221
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Role of Digital Transformation for Achieving Sustainability: Mediated Role of Stakeholders, Key Capabilities, and Technology

Abstract: Sustainability through digital transformation is essential for contemporary businesses. Embracing sustainability, micro-, small-, and medium-sized enterprises (MSMEs) can gain a competitive advantage, attracting customers and investors who share these values. Moreover, incorporating sustainable practices empowers MSMEs to drive innovation, reduce costs, and enhance their reputation. This study aims to identify how owners or senior managers of MSMEs can initiate a sustainable digital transformation project. A s… Show more

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Cited by 57 publications
(27 citation statements)
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References 121 publications
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“…While digitization in higher education can enhance student appeal and overall experiences, institutions have been hesitant to fully explore these opportunities (Elbanna and Armstrong, 2024). Adopting a digital transformation strategy is seen as vital for universities to maintain competitiveness, yet this strategy must be implemented with sustainability in mind (Martínez-Peláez et al ., 2023). Achieving sustainable digital transformation requires a systematic approach, prioritizing the cultivation of digital skills rather than relying on isolated initiatives.…”
Section: Resultsmentioning
confidence: 99%
“…While digitization in higher education can enhance student appeal and overall experiences, institutions have been hesitant to fully explore these opportunities (Elbanna and Armstrong, 2024). Adopting a digital transformation strategy is seen as vital for universities to maintain competitiveness, yet this strategy must be implemented with sustainability in mind (Martínez-Peláez et al ., 2023). Achieving sustainable digital transformation requires a systematic approach, prioritizing the cultivation of digital skills rather than relying on isolated initiatives.…”
Section: Resultsmentioning
confidence: 99%
“…The outcomes of this study greatly subsidize the thoughtful of DT effects on SMEs' business models, managerial practices, competitiveness, and business activities. Martínez-Peláez et al [18] identified how owners or senior managers of SMEs can initiate a sustainable DT project. Subsequently, this examination distinguishes the initial steps proprietors of SMEs can take to start the progress by recognizing basic authoritative abilities important for productive change.…”
Section: Literature Surveymentioning
confidence: 99%
“…ICT has enabled MSMEs to adopt more efficient and effective methods of communicating with their customers, interacting with business partners, as well as managing internal operational processes. The impact of this transformation has created a potentially huge dynamic, allowing MSMEs that are able to utilise technology well to gain a stronger competitive edge, even in a highly competitive global market (Martínez-Peláez et al, 2023;Suherlan & Okombo, 2023). This creates new opportunities for MSMEs to grow their business, reach a wider market, and improve their operational efficiency, thus becoming more relevant and competitive in this digital era (Agustian et al, 2023;Sudirjo, 2023).…”
Section: A B S T R a Kmentioning
confidence: 99%