Demystifying Corporate Restructuring Strategy Through Digital Transformation

Author(s):  
Mufaro Dzingirai

During the past two decades, corporate restructuring in the banking sector has gained much scholarly and public attention in both more developed and less developed countries as a strategic response to a decline in organizational performance. Surprisingly, there is fragmented and scant evidence on corporate restructuring through digital transformation in the banking sector, especially in the Zimbabwean context. With this in mind, this chapter aims at capturing worldwide issues and controversies linked to corporate restructuring through digital transformation, reviewing the success stories of corporate restructuring through digital transformation in the banking sector of Zimbabwe, identifying the challenges associated with digital transformation so that recommendations are proffered to top management and policymakers accordingly, and presenting suggestions for future research.

2020 ◽  
Author(s):  
Li Huang ◽  
Mi Zhou

In the past three decades, the field of sanitation has attracted much academic attention, and a large volume of relevant research results have emerged. In order to explore the characteristics and trends of global sanitation research literature, this paper presents a bibliometric analysis of 9559 articles published between 1990–2019 and extracted from the Web of Science Core Collection database. With the rapid increase in the number of related publications, both the breadth and depth of sanitation studies have increased significantly in the 21st century. In terms of multiple criteria, the comprehensive research strength of developed countries is greater than that of developing countries. The field is highly interdisciplinary, meaning that collaborations between research institutions are increasing. Keyword clustering analysis shows that the main research topics in the domain of sanitation are: (a) drinking water; (b) sustainability; (c) biofilm; (d) epidemiology; and (e) WaSH (i.e. Water, Sanitation and Hygiene). Meanwhile, keyword bursts analysis showed that the new research hotspots and frontiers mainly concentrated on: (a) sustainable development of sanitation services adapting to climate change; (b) main determinants affecting child malnutrition; (c) research based on global and multinational data; and (d) evaluations on various aspects of performance. This paper provides a better understanding of sanitation research trends that have emerged over the past 30 years, and can serve as a reference for future research.


2021 ◽  
Vol 13 (17) ◽  
pp. 9673
Author(s):  
Feng Han ◽  
Zhangcong Feng ◽  
Chao Wang ◽  
Nujie Yang ◽  
Dong Yang ◽  
...  

Although industrial activity has brought about rapid economic growth, it also faces the dual challenges of resource constraints and environmental pressure. Industrial ecology (IE) and ecological modernization (EM) are two theories regarding the conceptualization and implementation of sustainable development that emerged from the natural and social sciences, respectively. Over the past three decades, scholars have conducted copious amounts of theoretical and applied research on IE and EM, but comparative studies from an interdisciplinary perspective on the relationship between the two remain relatively rare. On the basis of a bibliometric analysis, this study offers a comprehensive examination of the background, theoretical connotations, and main content of IE and EM, also exploring the role of both theoretical perspectives in the promotion of sustainable industrial development. The findings are fourfold: (1) the research on IE and EM has been increasing year by year, particularly in the past decade; (2) the research is mostly concentrated in developed countries such as the United States and European Union member nations, and contributions from China have increased significantly in recent years; (3) IE has a broader research community than EM and has evolved clearer and more specific research contents and methods; and (4) IE, which analyzes the problems of specific industrial systems, and EM, which constitutes a higher-level institutional policy design, exhibit a trend of cross-fertilization. This study provides a reference for building a more systematic and comprehensive theoretical system of ecological transformation and discusses the future research directions in this field.


2021 ◽  
Vol 17 (4) ◽  
pp. 7-28
Author(s):  
Anna Florek-Paszkowska ◽  
◽  
Anna Ujwary-Gil ◽  
Bianka Godlewska-Dzioboń ◽  
◽  
...  

PURPOSE: Explore what entrepreneurship and success factors can help drive business to resilience and stability and achieve competitive advantage through innovation in different countries and business realities in the era of digital transformation and turbulent times. METHODOLOGY: Based on the narrative literature review, we present research findings concerning new strategies and outlooks for business innovation in times of many unknowns. Each organization wants to find its way to gain success and create its unique business model, which can capture value creation and innovativeness and be more adaptive, resilient, and stable in critical moments and sustainable over time. FINDINGS: The articles presented in this issue explore the essential factors of business innovation and success in different organizations and the environments in which these businesses function. IMPLICATIONS FOR THEORY AND PRACTICE: This article synthesizes the presented research field’s importance and relevance, connecting its theoretical background with practical research. Recommendations and implications for future trends of this research stream might also be helpful for professionals and academicians. ORIGINALITY AND VALUE: The novel studies presented in this issue were done in five different (developing and developed) countries and business sectors that present human-based and non-human-based factors as crucial factors needed to empower business transformation in a complex world. Each group of elements is essential in business success, and their components are interdependent. We need to look at the interactions and interdependencies of their components in a dynamic and network form and cannot simplify the reality, focusing only on one group of business components and ignoring the other. These unique studies provide a valuable outlook to establish dynamic, adaptive business pathways towards a sustainable and resilient organizational future and propose future research paths needed to execute structural changes in businesses.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Heidi Aly

Purpose The entire world is now witnessing the Fourth Industrial Revolution and Artificial Intelligence (AI) is indeed altering the lives of the many in both developing and developed countries. Massive digital transformations are affecting the economies of those countries and are bringing with them many promised merits, as well as many challenges to face. This paper aims to examine the relationship between digital transformation (as a one facet of the fourth revolution and AI trends) on one side, and economic development, labor productivity and employment on the other side. Design/methodology/approach The paper analyzes different indices of digital transformation, and then uses the Digital Evolution Index (DEI) to study those relationships in a group of developing countries using feasible generalized least squares method (FGLS). Findings The results show a positive relationship between the digital transformation index and economic development, labor productivity and job employment. Females seem to gain more from digital transformation compared to males, as suggested by the positive relation with the first and the insignificant relation with the latter. The relationship with vulnerable employment is not significant; more evidence is still needed to judge whether digital transformation will have an impact upon the vulnerable employees in the economy. Research limitations/implications The paper focused on the impact of digital transformation upon total aggregate employment. Future research is still needed to examine the impact upon the structure of the labor market and the shift of occupations. Originality/value The paper aims to add to in the literature regarding the relationship between digital transformation, economic development, employment and productivity in the developing world. The implications of those relationships are of significant importance to policymakers regarding how much support should be given to encourage the digital transformation. At the same time, it shall also indicate how much social support policies are required – if any – to lessen the negative impact of digital transformation on the vulnerable groups inside the country. Another contribution is using a single composite index for digital transformation that is comparable across the chosen set of developing countries, instead of using single indices each capturing a different dimension of digital transformation.


2018 ◽  
Vol 12 (6) ◽  
pp. 17 ◽  
Author(s):  
Mahmoud Al-dalahmeh ◽  
Ra’ed Masa’deh ◽  
Rana Khaled Abu Khalaf ◽  
Bader Yousef Obeidat

This study sought to investigate the effect of IT employees' engagement on organizational performance through the mediating role of job satisfaction for IT employees within the IT Departments in Jordanian banking sector. Quantitative research design and regression analysis were applied on a total of 429 valid returns that were obtained in a questionnaire based survey. The results showed that IT employee engagement significantly affected organizational performance and three of its dimensions, vigor, absorption, and dedication contributed significantly to organizational performance. The results also showed that IT employee engagement positively and significantly affected job satisfaction, where vigor had the most contribution. In addition, it was found that job satisfaction significantly and positively affected organizational performance. Furthermore, job satisfaction only partially mediated the association between IT employee engagement and organizational performance. This study implies that IT departments in Jordanian banking should try their best to promote and facilitate IT employees' engagement and satisfaction in an effort to improve their performance, which will eventually yield positive results for the bank as a whole. In light of these results, the research presented many recommendations for future research, the most important ones were the application of this study in other sectors, cultures, and countries, the exploration of the moderating role of job satisfaction instead of mediating role, and the use of other sampling techniques.


2021 ◽  
Vol 16 (5) ◽  
pp. 1667-1679
Author(s):  
Peng Gao ◽  
Fanchen Meng ◽  
Mário Nuno Mata ◽  
José Moleiro Martins ◽  
Shahid Iqbal ◽  
...  

Electronic marketing (eM) is a flourishing phenomenon that is gaining intense concern because of a significant impact on organizational performance. Over the past few decades, the relevance of eM has been observed in numerous fields (e.g., consumers, organizational strategy, advertisement, and overall philosophy of management to understand the insights globally). To effectively maneuver the field, all stakeholders, particularly academicians and practitioners, must comprehend the current position of the eM theory and practices for dynamic utilization. A systematic bibliometric analysis can serve this issue by providing a holistic view of the publication trend and its trajectory in terms of various themes, including citations and publication metrics. This study analyzes the bibliometric data from 2000 to 2019 to reveal the most productive countries, universities, authors, journals, and prolific publications in electronic marketing. To this end, VOS viewer software was used to visualize the mapping based on co-citation, bibliographic coupling (BC), and co-occurrence (CC). The primary addition of this research is to provide an overview of eM tendencies and paths that may help researchers know the tendencies and future research directions worldwide.


2021 ◽  
Vol 110 ◽  
pp. 01053
Author(s):  
Anna Kulik ◽  
Natalya Gerasimova ◽  
Natalya Kalutskaya ◽  
Elena Druznikova ◽  
Munoz Andrade Luis Fernando

Currently, the economies of most developed countries in the world are at the stage of digital transformation. Daily streams of information data contain various innovations, nanotechnologies, business projects, and know-hows. Smart technologies are turning out to be faster, more compact, more efficient, and more powerful every year and are becoming the key to solving problems in various fields of activity. The agricultural sector is no exception. Over the past decade, the agro-industrial complex has undergone numerous changes as part of government projects on implementation of IT systems designed to solve a wide range of tasks, to search for new technologies of manufacturing environmentally friendly and safe products, thereby expanding possibilities for the agricultural market to enter a new level of international trade.


2021 ◽  
Vol 7 (1) ◽  
pp. 365-375
Author(s):  
Anton Florijan Barišić ◽  
Joanna Rybacka Barišić ◽  
Ivan Miloloža

The global economic situation and need to be better prepared for competitive challenges put pressure on modern companies to shift toward automation and digitalization. As a consequence of rapid technological development and the speed of change and therefore forced transformation of business models and work design, organizations are faced with a need for a massive change of features and an extended role of HR management processes. To be able to drive future organizational performance, HR leaders and professionals are required to make changes in the skills and competencies they have and to acquire and possess new ones. The critical components of a digital transformation strategy that can help achieve a competitive advantage are human capital, intellectual capital, and knowledge. The purpose of this paper is to explore and elaborate on the contemporary position and the changing function of HRM in light of digital transformation. In that sense, a comprehensive analysis of available literature has been conducted addressing the domains of HR planning, reward management, performance management, employee engagement, training and development, health and safety, employee relations, as well as their change under the influence of digital transformation. As the main conclusion of this research, it can be stated that although digitalization, i.e., digital transformation, strongly affects HR practices and procedures specifically by using human resources information systems, the role of HR in contributing to the digitization strategy is not sufficiently emphasized. However, it can be argued that the results of this research represent a valuable contribution to future research and can certainly be an important benchmark for organizations when preparing strategies to respond to the challenges of the digital age. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.


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