Digital disruption and digital transformation of accounting

2021 ◽  
pp. 43-76
Author(s):  
Richard Busulwa ◽  
Nina Evans
Keyword(s):  
Digital Transformation ◽  
Digital Disruption

Managing the Digital Disruption Associated with COVID-19-Driven Rapid Digital Transformation in Brisbane, Australia

2021 ◽  
Vol 12 (05) ◽  
pp. 1135-1143
Author(s):  
Amalie Dyda ◽  
Magid Fahim ◽  
Jon Fraser ◽  
Marianne Kirrane ◽  
Ides Wong ◽  
...  
Keyword(s):  
Care Delivery ◽  
Digital Health ◽  
Clinical Care ◽  
Models Of Care ◽  
Digital Transformation ◽  
Lessons Learned ◽  
Digital Data ◽  
Routine Practice ◽  
Action Research Project ◽  
Digital Disruption

Abstract Background The COVID-19 pandemic has forced rapid digital transformation of many health systems. These innovations are now entering the literature, but there is little focus on the resulting disruption. Objective We describe the implementation of digital innovations during the COVID-19 response of Australia's largest health service, Metro North (in Brisbane, Queensland), the challenges of the subsequent digital disruption, how these were managed, and lessons learned. Methods Prior to the COVID-19 pandemic, the Australian state of Queensland created the Queensland Digital Clinical Charter, which provides guidance for the development of digital health programs. The guidelines utilize three horizons: digitizing workflows, leveraging digital data to transform clinical care, and reimagining new and innovative models of care. The technical response to COVID-19 in Metro North is described across these horizons. The rapid digital response caused significant disruption to health care delivery; management of the disruption and the outcomes are detailed. This is a participatory action research project, with members of the research team assisting with leading the implementation project informing the case report content. Results Several digital innovations were introduced across Metro North during the COVID-19 response. This resulted in significant disruption creating digital hypervigilance, digital deceleration, data discordance, and postdigital “depression.” Successful management of the digital disruption minimized the negative effects of rapid digital transformation, and contributed to the effective management of the pandemic in Queensland. Conclusion The rapid digital transformation in Metro North during COVID-19 was successful in several aspects; however, ongoing challenges remain. These include the need to improve data sharing and increase interoperability. Importantly, the innovations need to be evaluated to ensure that Metro North can capitalize on these changes and incorporate them into long-term routine practice. Moving forward, it will be essential to manage not only the pandemic, but increasingly, the resultant digital disruption.

scholarly journals Digital Disruption in Retailing and Beyond

2020 ◽  
Vol 4 (4) ◽  
pp. 187-204
Author(s):  
Heiner Evanschitzky ◽  
Boris Bartikowski ◽  
Tim Baines ◽  
Markus Blut ◽  
Christian Brock ◽  
...  
Keyword(s):  
Business Models ◽  
Digital Technologies ◽  
Digital Transformation ◽  
Service Robots ◽  
Sensory Marketing ◽  
Digital Disruption ◽  
The One ◽  
The Impact ◽  
Near Future

The increased disruption of business models through digital technologies creates opportunities and challenges for retail businesses and their network partners. Digital transformation – the process of digitalization of previously analogue operations, procedures, organizational tasks, and managerial processes in order to drive value for customers, employees and other stakeholders – is the order of the day. With that in mind, this article provides a purposeful overview of research in the field of digital transformation with a focus on retailing and customer-facing functions of digital technologies such as managing customer journeys, assessing the impact of sensory marketing and the use of service robots on the one hand, and their strategic implications for business models such as servitization on the other. This article concludes by highlighting immediate as well as long-term challenges in the field, with a focus on disruptive technologies, innovations and trends that retail marketing-management will likely face in the near future.

Industrie 4.0 by Siemens

2018 ◽  
Vol 20 (1) ◽  
pp. 31-45 ◽  
Author(s):  
Diana Cozmiuc ◽  
Ioan Petrisor
Keyword(s):  
Supply Chain ◽  
Value Chain ◽  
Business Models ◽  
New Technologies ◽  
Production Equipment ◽  
Industrie 4.0 ◽  
Digital Transformation ◽  
The Internet ◽  
Customer Order ◽  
Digital Disruption

This article describes how digital disruption transforms all industries, leading to new business models based on the new technologies. In manufacturing, one model for digital disruption is Industrie 4.0, supported mainly in Germany. Proposals for Industrie 4.0 involve the virtualization and vertical and horizontal integration of the value chain, digital services, the digital transformation of products, the digital transformation of production equipment, the digital transformation of factories and supply chains. Whereas the former two are already in place today, the latter is researched and developed. Products and production equipment will be transformed from physical to cyber-physical. Together, they will negotiate as peers over the Internet of Things and form smart factories. Via the Internet of Services, the entire supply chain will be integrated. The most popular business model is mass customization, according to which the customer order triggers production and logistics in the entire supply chain. Siemens intends to use information technology to migrate customers to tomorrow's digitalization.

Digital human resource management: A conceptual clarification

2020 ◽  
Vol 34 (3) ◽  
pp. 345-365 ◽  
Author(s):  
Stefan Strohmeier
Keyword(s):  
Resource Management ◽  
Human Resource Management ◽  
Human Resource ◽  
Digital Transformation ◽  
Ideal Types ◽  
Conceptual Clarification ◽  
Conceptual Clarity ◽  
Digital Disruption ◽  
Digital Human ◽  
Future Work

The concept of digital human resource management and related concepts such as the digitization of human resource management, the digitalization of human resource management, the digital transformation of human resource management, and the digital disruption of human resource management are gaining prominence in scholarly discussion. Frequently, however, the use of these concepts is implicit, heterogeneous, and proliferating. These concepts, thus, lack the “conceptual clarity” necessary in research. Therefore, this article aims at a conceptual clarification of digital human resource management and of related concepts of the digitization of human resource management, the digitalization of human resource management, the digital transformation of human resource management, and the digital disruption of human resource management. To do so, the article references general literature on digital organizations to develop a terminology and typology of digital human resource management. The terminology offers precise and parsimonious definitions of the concepts and relationships between them, offering a basic understanding. The typology offers precise and parsimonious ideal-types, which order and classify phenomena related to digital human resource management, in turn expanding knowledge about these phenomena. Together, the terminology and typology clarify the concept of digital human resource management and related concepts, uncover digital human resource management as an evolutionary advancement of previous conceptualizations of technology-based human resource management, and provide a conceptual basis for future work on digital human resource management.

scholarly journals The Digital Transformation of Marketing: Impact on Marketing Practice & Markets

ECONOMICS ◽  
2019 ◽  
Vol 7 (2) ◽  
pp. 139-156
Author(s):  
Tom Gillpatrick
Keyword(s):  
Value Chain ◽  
Global Economy ◽  
Consumer Demand ◽  
New Technology ◽  
Critical Role ◽  
Digital Transformation ◽  
Business Practices ◽  
Marketing Practice ◽  
Digital Disruption ◽  
The Impact

Abstract Digital technology technologies and business practices are expected to radically transform the competitive landscape and society. Central to changing business practices is how digital technologies are transforming the practice of marketing which in turn is transforming the nature of markets globally. This paper, guided by the literature concerning the wave of digital disruption brought about by new technology, changes in consumer demand and new forms of business competition discusses industry level and macroeconomic impact of the digital transformation of marketing. The drivers of the digital transformation in marketing, the critical role of understanding the consumer value chain relative to marketing practice and the impact of changing business practices on the larger economy. A new model developed by (Teixeira, 2019) to assess consumer demand is described as a marketing practice innovation that can be used to gain new insights for innovation and marketing. These innovations in gaining market insights and in marketing strategies are discussed regarding implications for industry and macroeconomic policy. The authors call for calls for further research using this methodology to better understand how digital disruption is likely to impact firm competitiveness and the nature of larger global economy.

scholarly journals Digital Transformation of Postal Operators – Challenges and Perspectives

2019 ◽  
Vol 7 (2) ◽  
pp. 15-20
Author(s):  
Anna Otsetova ◽  
Keyword(s):  
Digital Technology ◽  
Penetration Rate ◽  
Vital Role ◽  
Digital Economy ◽  
Digital Transformation ◽  
Electronic Communications ◽  
Services Sector ◽  
Postal Services ◽  
Digital Disruption ◽  
Entire Network

The postal operators are facing unavoidable digital business transformation in the era of the digital economy, Industry 4.0 and innovations. The rise of digital technology over the last 30 years has created both threats and opportunities for the postal industry. Digital transformation of companies and correspondence is having an impact on the core business activity of postal operators. Nowadays, electronic communications impact all of postal operators businesses. The volumes of physical letters have been decreasing substantially, particularly in the last couple of years. Obviously, this leads to loss of revenue. At the same time digital innovations, e-commerce, data collection, and digital identity have been at the heart of postal operators’ efforts to propose new services, spawn efficiencies, and adapt their organizational culture and strategy to the needs of the digital economy. These tendencies require a different postal infrastructure as well as different skills and patterns of employment for postal operators. Hence, the digital transformation has become a strategic priority for postal operators. Although postal services play a vital role in connecting people, businesses and government across the world, the postal industry is grappling with its greatest challenge yet: digital disruption. This article dealt with the opportunity and challenges faced by postal operators in age of digital transformation. It focusses on main drivers of digital transformation and the dimensions of digital transformation in postal services sector. Based on own study a penetration rate for postal e-services in Bulgaria is presented. The results show that extent to which postal operators in Bulgaria are offered e-services is far from fully exploited across the entire network. Based on the results digital strategy priorities of postal operators are proposed.

scholarly journals Artificial Intelligence as Solution in Facing the Age of Digital Disruption 4.0

JUDIMAS ◽  
2021 ◽  
Vol 1 (1) ◽  
pp. 107
Author(s):  
David David
Keyword(s):  
Artificial Intelligence ◽  
Community Service ◽  
Industrial Revolution ◽  
Transformation Process ◽  
Digital Transformation ◽  
Microsoft Excel ◽  
Digital Era ◽  
The World ◽  
Teachers And Students ◽  
Digital Disruption

Artificial Intelligence is part of the Industrial Revolution 4.0 and already exists today. This shows that the future has come and everyone must prepare for the implementation of Artificial Intelligence to face the transformation of the digital era, especially the world of education. The community service workshop was attended by 66 participants, namely students, teachers, and structural officials of SMK Negeri 2 Singkawang. The workshop was held using demonstration methods, lectures, discussions and question and answer. This workshop provides information to teachers and students about the importance of Artificial Intelligence (AI) in the digital transformation process. For teachers and students at SMKN 2 Singkawang it was introduced that algorithms or artificial intelligence methods could be given simply by representing problems into simple solutions with several examples of implementing artificial intelligence using Microsoft Excel and utilizing VBA macros.

scholarly journals Digital Transformation and Value Creation: Sea Change Ahead

2017 ◽  
Vol 9 (1) ◽  
pp. 10-17 ◽  
Author(s):  
Srinivas K. Reddy ◽  
Werner Reinartz
Keyword(s):  
Value Creation ◽  
Digital Technology ◽  
Business Strategy ◽  
Digital Transformation ◽  
Economic Systems ◽  
New Wave ◽  
Digital World ◽  
Critical Skills ◽  
The Face ◽  
Digital Disruption

Abstract Digital transformation is taking place all around us and there is hardly a single aspect of life that has not been affected. It has an obvious, lasting, and even revolutionary impact, not only on the economic systems and commercial players, but also on the lives of individuals and on society at large. Digital transformation will bring greater tangible and intangible value, but the changes do come with certain costs and risks, sometimes unforeseen. In terms of business strategy, digital technology has been transforming businesses dramatically. Even young companies that have been at the forefront of digital disruption are forced to reinvent and transform themselves and their businesses permanently in order to survive and thrive. If incumbents themselves don’t take advantage of this digital progress to innovate, others will. A new wave of digital disruptors is changing the face of industries. The ability to innovate is thus more important than ever. Entire industries may be threatened if they do not react quickly, while others are emerging almost instantly as if out of nowhere. Handling speed and providing real-time solutions is therefore one of the most critical skills in a digital world.

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