Main Article Content

Abstract

Digital transformation has become a pervasive force reshaping global business and economic landscapes. This paradigm shift goes beyond mere technological evolution, representing a fundamental reconfiguration of organizational structures, processes, and strategies. In the contemporary context, understanding and harnessing the implications of digital transformation on macroeconomic performance are crucial. This discourse explores the multifaceted impacts of digital transformation on both micro and macroeconomic dimensions, emphasizing the need for a responsive and adaptive management strategy approach.

Keywords

Digital Transformation Macroeconomic Performance Adaptive Management Responsive Strategies Technological Evolution

Article Details

How to Cite
Putra, A. H. P. K. ., & Rivera, K. M. . (2024). Digital Transformation and its Implications for Macroeconomic Performance: A Responsive and Adaptive Management Strategy Approach. Golden Ratio of Mapping Idea and Literature Format, 4(2), 91–110. https://doi.org/10.52970/grmilf.v4i2.355

References

  1. Aturin, V., Moga, I., & Smagulova, S. (2020). Digital transformation management: Scientific approaches and economic policy. Upravlenets, 11(2), 67–76. https://doi.org/10.29141/2218-5003-2020-11-2-6
  2. Benjamin Grab, Marieta Olaru, & R. Gavril. (2019). The Impact of Digital Transformation on Strategic Business Management.
  3. Grab, B., Olaru, M., & Gavril, R. M. (2019). The impact of digital transformation on strategic business management. Ecoforum Journal, 8(1).
  4. Kraus, S., Durst, S., Ferreira, J. ao J., Veiga, P., Kailer, N., & Weinmann, A. (2022). Digital transformation in business and management research: An overview of the current status quo. International Journal of Information Management, 63, 102466. https://doi.org/10.1016/j.ijinfomgt.2021.102466
  5. Kraus, S., Jones, P., Kailer, N., Weinmann, A., Chaparro-Banegas, N., & Roig-Tierno, N. (2021). Digital Transformation: An Overview of the Current State of the Art of Research. SAGE Open, 11(3), 215824402110475. https://doi.org/10.1177/21582440211047576
  6. Maksimenko, I., Vashko, T., & Zdrestova-Zakharenkova, S. (2021). Digital transformation and its challenges to the strategic management system. SHS Web of Conferences, 106, 01035. https://doi.org/10.1051/shsconf/202110601035
  7. Mićić, Ljubiša (2017). Digital Transformation and Its Influence on GDP. Economics, 5(2), 135–147. http://dx.doi.org/10.1515/eoik-2017-0028
  8. Mihu, C., Bogoslov, I. A., & Lungu, A. E. (2021). The Impact of Digital Transformation on Bussines Management. Revista Economică, 73(4). https://doi.org/10.56043/reveco-2021-0035
  9. Mihu, C., Bogoslov, I. A., & Lungu, A. E. (2021). The Impact of Digital Transformation on Business Management. Revista Economica, 73(4), 41–64. https://doi.org/10.56043/reveco-2021-0035
  10. Mishchenko, V. (2022). Strategic Management of Digital Transformation of The Economy. Economy Of Ukraine, 2022(1), 67–81. http://dx.doi.org/10.15407/economyukr.2022.01.067
  11. Mishchenko, V., Naumenkova, S., Grytsenko, A., & Mishchenko, S. (2022). Operational risk management of using electronic and mobile money. Banks and Bank Systems, 17(3), 142–157. https://doi.org/10.21511/bbs.17%283%29.2022.12
  12. Narbaev, T., De Marco, A., & Orazalin, N. (2020). A multi-disciplinary meta-review of the public–private partnerships research. Construction Management and Economics, 38(2), 109–125. https://econpapers.repec.org/scripts/redir.pf?u=https%3A%2F%2Fdoi.org%2F10.1080%252F01446193.2019.1643033;h=repec:taf:conmgt:v:38:y:2020:i:2:p:109-125
  13. Oncioiu, I. (Ed.). (2020). Improving Business Performance Through Innovation in the Digital Economy. IGI Global. https://doi.org/10.4018/978-1-7998-1005-6
  14. Pedro, F. X., & das Dores, J. M. C. M. (2021). The Impact of Management and Strategies for Digital Enterprise Transformation on Welfare. In Disruptive Technology and Digital Transformation for Business and Government (pp. 129–152). IGI Global. https://doi.org/10.4018/978-1-7998-8583-2.ch00
  15. Pedro, F., Subosa, M., Rivas, A., & Valverde, P. (2019). Artificial intelligence in education: Challenges and opportunities for sustainable development. Unesco.
  16. Philipp Kurmann & Brian Arpe. (2019). Managing Digital Transformation—How organizations turn digital transformation into business practices.
  17. Reis, J. ao, Amorim, M., Mel∼ ao, N., & Matos, P. icia. (2018). Digital Transformation: A Literature Review and Guidelines for Future Research. In Advances in Intelligent Systems and Computing (pp. 411–421). Springer International Publishing. http://dx.doi.org/10.1007/978-3-319-77703-0_41
  18. Reis, J., Amorim, M., Melão, N., & Matos, P. (2018). Digital transformation: a literature review and guidelines for future research. Trends and Advances in Information Systems and Technologies: Volume 1 6, 411–421. https://doi.org/10.1007/978-3-319-77703-0_41
  19. Sergei, Aleksandra, Ludmila, Olga, Victoria, Tamara, & Vladimir. (2017). Business Performance Management Models Based on the Digital Corporation’s Paradigm. European Research Studies Journal, XX(Issue 4A), 264–274. https://doi.org/10.35808/ersj%2F833
  20. Tiutiunyk, I., Drabek, J., Antoniuk, N., Navickas, V., & Rubanov, P. (2021). The impact of digital transformation on macroeconomic stability: Evidence from EU countries. Journal of International Studies, 14(3), 220–234. https://doi.org/10.14254/2071-8330.2021%2F14-3%2F14
  21. Verhoef, P. C., Broekhuizen, T., Bart, Y., Bhattacharya, A., Qi Dong, J., Fabian, N., & Haenlein, M. (2021). Digital transformation: A multidisciplinary reflection and research agenda. Journal of Business Research, 122, 889–901. https://doi.org/10.1016/j.jbusres.2019.09.022