Digital Transformation and its Implications for Macroeconomic Performance: A Responsive and Adaptive Management Strategy Approach

Main Article Content

Aditya Halim Perdana Kusuma Putra
Kevin M. Rivera

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.

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
Section
Articles

References

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

Benjamin Grab, Marieta Olaru, & R. Gavril. (2019). The Impact of Digital Transformation on Strategic Business Management.

Grab, B., Olaru, M., & Gavril, R. M. (2019). The impact of digital transformation on strategic business management. Ecoforum Journal, 8(1).

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

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

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

Mićić, Ljubiša (2017). Digital Transformation and Its Influence on GDP. Economics, 5(2), 135–147. http://dx.doi.org/10.1515/eoik-2017-0028

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

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

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

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

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

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

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

Pedro, F., Subosa, M., Rivas, A., & Valverde, P. (2019). Artificial intelligence in education: Challenges and opportunities for sustainable development. Unesco.

Philipp Kurmann & Brian Arpe. (2019). Managing Digital Transformation—How organizations turn digital transformation into business practices.

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

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

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

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

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