Education, Science, Technology, Innovation and Life
Open Access
Sign In

Challenges and Opportunities of Digital Transformation in Enterprises

Download as PDF

DOI: 10.23977/acccm.2023.051201 | Downloads: 51 | Views: 694

Author(s)

Chun Hu 1, Chuanjian Wu 2, Le Yu 3

Affiliation(s)

1 School of Digital Economics and Management, Chengdu Textile College, Chengdu, China
2 Further Education Centre, Chengdu Textile College, Chengdu, China
3 School of Hospitality Management, Guangdong Engineering, Polytechnic, Qingyuan, China

Corresponding Author

Chun Hu

ABSTRACT

The aim of this study is to analyse the challenges and opportunities of enterprise digital transformation, and to make relevant recommendations. In terms of challenges of enterprise digital transformation, enterprises face technological challenges, organisational challenges, and talent challenges. In terms of the opportunities of enterprise digital transformation, there are three aspects of opportunities such as increasing efficiency and reducing costs, innovating products and services, and enhancing competitiveness. Overall, this thesis comprehensively analyses both the challenges and opportunities of enterprise digital transformation, which provides important reference and guidance for enterprises in the process of digital transformation.

KEYWORDS

Enterprise Digital, Transformation, Challenges, Opportunities

CITE THIS PAPER

Chun Hu, Chuanjian Wu, Le Yu, Challenges and Opportunities of Digital Transformation in Enterprises. Accounting and Corporate Management (2023) Vol. 5: 1-9. DOI: http://dx.doi.org/10.23977/acccm.2023.051201.

REFERENCES

[1] Berman, S. J., & Marshall, A. Creating a Digital Strategy: How to Identify and Address Key Challenges [D]. MIT Sloan Management Review, 2017.
[2] Westerman, G., Bonnet, D., & McAfee, A. The Nine Elements of Digital Transformation [D]. MIT Sloan Management Review, 2014.
[3] Khatri, V., & Brown, C. V.  Designing digital transformation: Lessons from case studies [J]. Journal of Information Technology, 2010, 25(2):193-200.
[4] Fabio Gori. Fast-Tracking Enterprise Agility with Digital Transformation [Z]. (2021). https://blogs.cisco.com/ perspectives/ fast-track-your-digital-transformation-with-a-platform-approach.
[5] Cheung, Grace, and P. J. Davies. "In the transformation of energy systems: what is holding Australia back?" Energy Policy 109.oct. (2017):96-108.
[6] Rettie, R., Burchell, K., & Riley, D. Normalising the Digital: The Digitisation of Advertising Practice. Journal of Marketing Management, 2014, 30(13-14):1449-1470.
[7] Chui M , Manyika J , Miremadi M .Where machines could replace humans-and where they can't (yet)[J].McKinsey Quarterly, 2016, 2016(3):58-69.
[8] Annette la prad. The Enterprise Guide to Closing the Skills Gap: Strategies for Digital Transformation. IBM, 2017. https://www.ibm.com/thought-leadership/institute-business-value/en-us/report/closing-skills-gap.

Downloads: 19881
Visits: 269379

All published work is licensed under a Creative Commons Attribution 4.0 International License.

Copyright © 2016 - 2031 Clausius Scientific Press Inc. All Rights Reserved.