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Strategies for digital transformation in SMEs: the impact of timing and speed

Strategies for digital transformation in SMEs: the impact of timing and speed

Zhou, Qijun ORCID: 0000-0002-6302-6756 , Ali, Abdul ORCID: 0000-0002-3034-8628 and Yu, Honglan (2023) Strategies for digital transformation in SMEs: the impact of timing and speed. In: 27th International Conference on Production Research - The International Foundation for Production Research (IFPR), 23rd -28th Jul, 2023, Cluj-Napoca, Romania.

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Abstract

Digital transformation (DT) has emerged as a critical concept in organizational contexts, driven by the adoption and implementation of digital technologies. This paper aims to explore the challenges faced by small and medium-sized enterprises (SMEs) in successfully implementing digital transformation and identify strategic options available to them. Preliminary results from a systematic literature review is presented, focusing on empirical evidence on the integration of digital technologies in SMEs. The review revealed key challenges in strategizing for digital transformation and categorized them accordingly. Additionally, the study sheds light on digital strategies for SMEs. The findings contribute to the understanding of why some DT initiatives fail and provide insights into how SMEs can leverage digital transformation for success. By addressing the challenges and exploring strategic options, this research aims to assist SMEs in navigating the complex process of digital transformation.

Item Type: Conference or Conference Paper (Paper)
Additional Information: Post conference publications options · International Journal of Production Research - special issue (expected in 2024), by invitation only, indexed in ISI-SCIE Q1 · International Journal of Production Economics - special issue (expected in 2024), by invitation only, indexed in ISI-SCIE Q1 · Lecture Notes in Production Engineering - proceedings book volumes (expected in 2024), based on the International Scientific Committee's recommendation, indexed in SpringerLink, sent for indexing to ISI Books · Acta Technica Napocensis AMME - special/proceedings issue (expected in 2023), based on the International Scientific Committee's recommendation or the authors' decison, indexed in ISI-ESCI and WorldCat · Other local internationally indexed journals - regular issues (expected in 2023), based on the authors' decision
Uncontrolled Keywords: digital transformation; digital strategy; SMEs
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
T Technology > T Technology (General)
Faculty / School / Research Centre / Research Group: Faculty of Business
Related URLs:
Last Modified: 20 Jun 2024 14:45
URI: http://gala.gre.ac.uk/id/eprint/46764

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