Business Resilience for Small and Medium Enterprises and Startups by Digital Transformation and the Role of Marketing Capabilities—A Systematic Review

Systems, Journal Year: 2024, Volume and Issue: 12(6), P. 220 - 220

Published: June 20, 2024

This study investigates the intersection of digital transformation, business resilience, and marketing capabilities, focusing on small businesses startups. The revolution has significantly transformed operations, supply chain management, overall organizational performance. Conducted following PRISMA guidelines, this systematic literature review used Scopus database, refining an initial 247 documents to 51 relevant studies. Key trends include vital role transformation in enhancing use emerging technologies for sustainable chains, importance skills knowledge management. Research highlights implications e-commerce adoption SMEs, revealing need firms develop dynamic capabilities thrive turbulent environments. However, gaps remain, such as understanding long-term impacts interactions between maturity, innovation, sustainability, necessity comparative studies across industries regions. Additionally, investigating how contribute resilience is essential, enabling startups withstand recover from disruptions. Addressing these will enhance our transformation’s multifaceted SMEs startups, helping them leverage navigate challenges seize opportunities era.

Language: Английский

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Unpacking the micro-foundations of dynamic capabilities in retail banking: the roles of strategic alignment, leadership, and organisational structure

International journal of organizational analysis, Journal Year: 2025, Volume and Issue: unknown

Published: March 28, 2025

Purpose This study aims to examine the micro-foundations of dynamic capabilities in Irish retail banking sector, focusing on strategic alignment, leadership and organisational structure. It investigates how banks navigate regulatory constraints while sustaining competitiveness a rapidly evolving financial landscape. Using Institution Omicron as case study, research identifies structural rigidities, risk-averse resource gaps that hinder capability development. To address these challenges, introduces two novel frameworks: Capability Development Framework, which aligns goals with compliance, Implementation ensures structured execution continuous adaptation. Design/methodology/approach qualitative integrates 14 semi-structured interviews senior executives data analysis explore operation within regulated institution. Thematic key constraints, including misalignment, conservative decision-making digital skills shortages. Findings The reveals reinforce inertia, limiting banks’ ability reconfigure resources enhance adaptability. While are often linked agility, this demonstrates compliance-driven sectors, they require adaptation rather than unrestricted flexibility. Practical implications proposed frameworks offer actionable insights for institutions other industries, such healthcare telecommunications, adaptability ensuring compliance. Key recommendations include fostering embedding cross-functional collaboration developing internal expertise innovation. Originality/value extends theory by demonstrating heavily environments, competitive advantage depends not solely agility but institutional constraints. introduced provide approach balancing compliance innovation, offering transferable strategy industries.

Language: Английский

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Strategic Significance of Machine Learning in Financial Services

Advances in computational intelligence and robotics book series, Journal Year: 2025, Volume and Issue: unknown, P. 285 - 312

Published: April 18, 2025

Machine learning (ML) is transforming the financial services industry by driving innovation in fraud detection, risk management, customer personalization, and more. This chapter explores strategic significance of ML, its key applications, future trends shaping adoption. Integration with blockchain technology enhances security automation, while advancements quantum computing promise faster, more accurate models. However, challenges such as data privacy, algorithmic bias, regulatory compliance persist. The evolution frameworks growing importance explainable AI (XAI) are critical for ensuring transparency fairness. As institutions embrace these trends, they stand to enhance operational efficiency, decision-making accuracy, trust navigating complexities modern landscapes.

Language: Английский

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Exploring Capabilities for Digital Transformation in the Business Context: Insight from a Systematic Literature Review

Sustainability, Journal Year: 2025, Volume and Issue: 17(9), P. 4222 - 4222

Published: May 7, 2025

Digital transformation is considered a high-risk investment due to the fact that as much 80% of its initiatives fail. To effectively manage and execute digital transformation, organizations must establish capabilities tailored this process. Thus, study aims identify essential for in business context. A systematic literature review (SLR) was conducted following PRISMA. An initial search across major academic databases yielded 542 articles. After applying inclusion exclusion criteria, 43 relevant articles were selected in-depth analysis. Descriptive, co-occurrence, qualitative analyses then applied. The findings reveal five core dimensions capability: dynamic capability, leadership employee technology operational capability. These demonstrate successful depends not only on technology, but also leadership, human capital, strategy, ensure resource readiness. This contributes theory by identifying organizational provides insights into how can develop these achieve transformation.

Language: Английский

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