scholarly journals Production of Indicators for Evaluation of Digital Transformation of Modern University

2019 ◽  
Vol 9 (1) ◽  
pp. 7399-7402
Keyword(s):  
Strategic Management ◽  
Economic System ◽  
Balanced Scorecard ◽  
Digital Technology ◽  
Digital Technologies ◽  
Digital Economy ◽  
Digital Transformation ◽  
The University

The article describes the main threats and opportunities for the use of digital technology by universities. We considered the features of the functioning of universities in the digital economy. In the study, we applied the method of a balanced scorecard, which allows integrating estimates of diverse activities to assess the overall result of the university’s socio-economic system in the development of digital technologies. Achieved results. An original balanced system of indicators of the digital transformation of the university has been formed. The study will improve the effectiveness of tactical and strategic management of a university due to the authors' recommendations for the formation of indicators for assessing and regulating the digitalization processes at the university.

scholarly journals Balanced Scorecard as the basis of global company IT-architecture modeling

KANT ◽  
2020 ◽  
Vol 36 (3) ◽  
pp. 66-72
Author(s):  
Svetlana Maidanova ◽  
Igor Ilyin
Keyword(s):  
Balanced Scorecard ◽  
Digital Technologies ◽  
Digital Economy ◽  
Digital Transformation ◽  
The Balanced Scorecard ◽  
It Architecture ◽  
Strategic Goals ◽  
Architecture Modeling ◽  
Global Company ◽  
Transformation Processes

Currently, international companies actively introduce digital technologies, moving to the global digital economy. Digital transformation has a significant impact on all company's business aspects, monitoring and planning digital transformation processes requires a method that allows evaluating the changes in the company's IT architecture results in the context of their compliance with the company's strategic goals. This article proposes the balanced scorecard application to measure and plan IT architecture changes, using it as the basis for the company's digital twin.

scholarly journals Digital transformation and its challenges to the strategic management system

2021 ◽  
Vol 106 ◽  
pp. 01035
Author(s):  
Irina Maksimenko ◽  
Tatiana Vashko ◽  
Svetlana Zdrestova-Zakharenkova
Keyword(s):  
Strategic Management ◽  
Economic System ◽  
Management System ◽  
Digital Technologies ◽  
Digital Transformation ◽  
Business Community ◽  
Competitive Advantages ◽  
Cross Border ◽  
Value Propositions ◽  
The Waves

Digital technologies and their tools are fundamentally changing not only the technological order, but also the economic system. Recently, researchers and the business community attention has been focused on digital companies born in the era of the modern Internet and offering value propositions based on digital technologies and their cross-border properties. But how multifaceted and heterogeneous the nature of the technologies is, so complex and multidimensional is the process of their implementation, which transforms not only the company’s IT environment, but also the whole strategic management system. In the process of this transformation, companies face a range of challenges that can lead to devastating consequences. Understanding the sources and nature of these challenges allows to find ways to overcome them and transform them into competitive advantages. The structure of the article includes two blocks. The first block summarizes evolutionary ideas about transformation through its main constructs, parameters, and stages. The second block shows the study and systematization of the challenges that lead the waves of digital transformation in the context of their impact on the parameters of the strategic management system.

scholarly journals The Leading Digital Technology Companies and Their Approach to Sustainable Development

2021 ◽  
Vol 13 (12) ◽  
pp. 6612
Author(s):  
Peter Jones ◽  
Martin Wynn
Keyword(s):  
Sustainable Development ◽  
Circular Economy ◽  
Digital Technology ◽  
Digital Technologies ◽  
Digital Transformation ◽  
Qualitative Approach ◽  
Sustainable Future

The increasingly stellar attraction of the digital technologies and the growing, though not universal, consensus of the need to build a sustainable future, are two powerful trends within society. The aim of this article is to offer an exploratory review of how the leading companies within the digital transformation market have addressed sustainable development. As such, the article’s originality and value lie in offering a review of current corporate thinking within that market. The study adopts an inductive, qualitative approach based on an examination of published company reports, and identifies six major sustainability themes being actively promoted and supported. The article concludes that the current sustainability objectives of the technology companies are driven as much by commercial reality as any altruistic motives, and that support and promotion of the circular economy may offer the best opportunity for digital technologies to meaningfully impact sustainable development.

Risks of the Digitalization of Life of the Population and Ways of Decreasing Them

2021 ◽  
Vol 13 (4-1) ◽  
pp. 180-203
Author(s):  
Elena Stukalenko ◽  
Keyword(s):  
Quality Of Life ◽  
Digital Technologies ◽  
Well Being ◽  
Digital Economy ◽  
Digital Transformation ◽  
Negative Consequences ◽  
Short Period ◽  
The World ◽  
The Impact

Digital technologies, ubiquitous in our daily life, have radically changed the way we work, communicate, and consume in a short period of time. They affect all components of quality of life: well-being, work, health, education, social connections, environmental quality, the ability to participate and govern civil society, and so on. Digital transformation creates both opportunities and serious risks to the well-being of people. Researchers and statistical agencies around the world are facing a major challenge to develop new tools to analyze the impact of digital transformation on the well-being of the population. The risks are very diverse in nature and it is very difficult to identify the key factor. All researchers conclude that secure digital technologies significantly improve the lives of those who have the skills to use them and pose a serious risk of inequality for society, as they introduce a digital divide between those who have the skills to use them and those who do not. In the article, the author examines the risks created by digital technologies for some components of the quality of life (digital component of the quality of life), which are six main components: the digital quality of the population, providing the population with digital benefits, the labor market in the digital economy, the impact of digitalization on the social sphere, state electronic services for the population and the security of information activities. The study was carried out on the basis of the available statistical base and the results of research by scientists from different countries of the world. The risks of the digital economy cannot be ignored when pursuing state social policy. Attention is paid to government regulation aimed at reducing the negative consequences of digitalization through the prism of national, federal projects and other events.

ANALYSIS OF THE STRUCTURAL DYNAMICS OF THE DIGITAL ECONOMY IN TODAY'S REALITIES

2021 ◽  
Vol 14 (1) ◽  
pp. 40-47
Author(s):  
Tatуana Ivanovna LOMACHENKO ◽  
Keyword(s):  
Structural Dynamics ◽  
Digital Technology ◽  
Business Strategy ◽  
Production Management ◽  
Production Efficiency ◽  
Business Processes ◽  
Business Environment ◽  
Digital Economy ◽  
Digital Transformation ◽  
Evolutionary Stage

Nowadays, there is no consensus that digitalization is a threat to business security or an opportunity to comprehensively manage the entire chain of business processes in real time, taking into account incoming data from all assets. However, political and economic instability, demand volatility, and competition are all a set of global challenges that digital transformation has responded to. In industry, the competitive advantage has become not the ownership of the enterprise, the firm, but access to digital technology, on which the efficiency of work with specific resources depends. The processes of forming individual business segments related to production management based on modern digital technology have already been launched and most companies are focused on this direction. The article reveals the features of the evolutionary stage of digital economy development, presents the relationship of this process with the formation of the conceptual framework from the theoretical foundations, substantiated in the 1990s by foreign and domestic scientists to modern approaches in the interpretation of digital economy definitions. The article proposes the structural dynamics of the digital economy in today's realities, revealing internal problems, opportunities for economic growth, maturity and readiness of the state to new ways of doing business in the digital economy and digital transformation, to form the country's national strategy. In addition, the conditions under which digital transformation opens up new opportunities for the business environment, the public sector and society as a whole are presented. Changes in business strategy, organizational forms, business process capabilities, new approaches in working with clients, competitive advantages, increase in profit sources are analyzed. As a result, the efficiency of the whole system increases, which allows to reach a fundamentally new level of production efficiency in a short time.

scholarly journals DIGITAL TRANSFORMATION OF THE RUSSIAN ECONOMY AND ALIGNMENT OF ECONOMIC INTERESTS

2021 ◽  
Vol 230 (4) ◽  
pp. 410-416
Author(s):  
N.V. RASSKAZOVA ◽  
Keyword(s):  
Economic Growth ◽  
Transaction Costs ◽  
Digital Technologies ◽  
Digital Economy ◽  
Digital Transformation ◽  
Production Costs ◽  
Economic Interests ◽  
Digital Platforms ◽  
Russian Economy ◽  
Reproduction Process

The problems of the digital economy development are central, since the introduction of digital technologies in the reproduction process provides for increased efficiency and reduced production costs. This fact encourages the development of digital platforms and mechanisms that allow to accelerate the process of interaction between different actors and reduce the transaction costs of coordinating economic interests at the micro and macro levels, which will eventually lead to economic growth. In this regard, the problem of digitalization of the Russian economy and its branches is relevant.

scholarly journals Research on the Impact Mechanism and Application of Financial Digitization and Optimization on Small- and Medium-Sized Enterprises

2021 ◽  
Vol 2021 ◽  
pp. 1-6
Author(s):  
Qiuxia Li
Keyword(s):  
Digital Technology ◽  
Positive Impact ◽  
Digital Technologies ◽  
Digital Economy ◽  
Scale Economy ◽  
Financing Constraints ◽  
Technological Revolution ◽  
The Impact ◽  
Scope Economy ◽  
Financial Technology

Background. With the continuous advancement of digital technology and the accelerated development of digital finance, the rise of digital finance has had a vital impact on the true evolution of SMEs. The digital economy has a significant positive impact on the productivity of SMEs. Method. This article first analyzes the digital level of SMEs, studies the incentive effect of digital finance on the level of technological revolution of SMEs, and analyzes the mitigation effect of digital finance evolution on the financing constraints of SMEs. At the same time, it also studies how to develop the digital economy and achieve high-quality business evolution. Result. The digital economy can promote the growth of enterprise productivity through four indirect ways: scale economy effect, scope economy effect, technological revolution effect, and management benefit effect. Conclusion. The Financial Technology Optimization program helps financial leaders adopt new digital technologies to optimize financial processes while minimizing disruption.

scholarly journals CORPORATE SOCIAL RESPONSIBILITY IN THE CONDITIONS OF DIGITAL TRANSFORMATION OF ECONOMIC SYSTEMS

2021 ◽  
Vol 26 (3(88)) ◽  
Author(s):  
Ivan Voronchak ◽  
Yuriy Vovk
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Personal Data ◽  
Digital Technologies ◽  
Digital Economy ◽  
Digital Transformation ◽  
Digital Platforms ◽  
Environmental Consequences ◽  
The Government ◽  
Corporate Social

The paper investigates the theoretical and practical aspects of providing the corporate social responsibility in a digital economy. The digital transformation of economic activity necessitates a business response to fundamental new challenges and threats related to cybersecurity, privacy, copyright protection, blockchain, misinformation, ethical algorithms for artificial intelligence etc. The quantity and complexity of digitalization problems determines the need for a consistent and comprehensive approach to ensuring digital responsibility in economy. Corporate digital responsibility can be defined as a responsible and ethical using of digital technologies; forecasting the social, economic and environmental consequences of decisions made in the digital economy. The analysis of social reports and web resources of Ukrainian companies indicates that their potential of digital responsibility is limited to the digital skills transfer and partial using in communications with stakeholders. At the same time, there are promising ways of manifesting social responsibility of domestic enterprises: investments in digital infrastructure and education; using digital technologies to monitor the responsibility and business ethics of suppliers and contractors; digitalization of environmental management processes; protection of digital rights and personal data of customers, employees, partners; dialogue with real and potential stakeholders through digital channels. Foreign experience shows that it is efficient to form public-private partnership platforms in the field of digital responsibility and sustainable development. It is also appropriate for the government to develop and implement a strategy for the digital transformation, programs of economic and advisory support for digital social entrepreneurship; to form standards for assessing and reporting about corporate digital responsibility; to eliminate the institutional and legislative barriers to the digital economy development; to overcome the digital divide in society; to create algorithms for personal data processing and suitable digital platforms.

scholarly journals Digitalization management system of Russia’s federal cities focused on prospective application throughout the country

2021 ◽  
Vol 110 ◽  
pp. 05011
Author(s):  
Yulia V. Kelesh ◽  
Elena A. Bessonova
Keyword(s):  
Digital Technology ◽  
Digital Technologies ◽  
Digital Transformation ◽  
Uneven Development ◽  
Successful Development ◽  
The Future ◽  
Effective System ◽  
Prospective Application ◽  
The Russian Federation ◽  
Transformation Processes

The spread of digital technology around the world is accompanied by the uneven development of digitalization processes on the territory of different countries. Russia is no exception. The problem of digitalization management in the Russian Federation must be solved by building an effective system of its management. In order to implement digitalization management throughout the country, it is necessary, first of all, to establish this process on the territory of federal cities: Moscow, St. Petersburg and Sevastopol. Federal cities have all opportunities for building an effective system of digitalization management which in the future could be applied in other Russia’s regions without any serious failures and significant losses. The review and assessment of trends in the current development of digitalization in Russia’s cities of federal importance, the identification of priority digital technologies and priority areas of digitalization in them, the evaluation of their digital life level indicates the unresolved issues of digitalization management in the cities under consideration. A competent organization of digitalization management in federal cities based on the proposed directions will ensure the successful development of digital transformation processes within their territories, and other Russia’s regions will be able to adopt their experience in the future.

DIGITAL TRANSFORMATION OF THE ECONOMY AND FINANCIAL SYSTEM OF RUSSIA

2021 ◽  
Vol 1 (6) ◽  
pp. 82-95
Author(s):  
А. V. ZVEREV ◽  
◽  
M. Yu. MISHINA ◽  
A. V. NOVIKOV ◽  
◽  
...  
Keyword(s):  
Economic System ◽  
Financial System ◽  
Digital Technologies ◽  
Financial Sector ◽  
Digital Transformation ◽  
Economic Relations

The article considers the theoretical aspects of the digitalization of economic relations in Russia, identifies the features of the digital transformation of the economic system and the formation of the digital state. The advanced industries and the most developed digital technologies by Russian companies are identified. The focus is on the digitalization of the financial sector: the main trends and directions of the process are identified, the level of development and implementation of financial technologies in the framework of the formation of the fintech industry is considered.

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