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Digital Transformation and Strategic Management: a Systematic Review of the Literature
- Published: 13 November 2021
- Volume 13 , pages 3195–3222, ( 2022 )
Cite this article
- Bruno Siano Rêgo 1 ,
- Shital Jayantilal 2 ,
- João J. Ferreira ORCID: orcid.org/0000-0002-5928-2474 3 &
- Elias G. Carayannis 4
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In recent years, the concept of digital transformation (DT) reached a solid and leading position in the discussion of the key elements which influence the development and survival of contemporary organisations. Integrating and exploring new digital technologies is one of the biggest challenges that companies currently face. No sector or organisation is immune to the effects of digital transformation. Through a systematic review of the literature, this study aims to understand how digital transformation has changed business strategies. The results show that studies dealing with the relationship between DT and strategic management are incipient. The existing literature was categorised into six main areas of research: (i) analysis of external environment, (ii) analysis of internal environment, (iii) strategy formulation, (iv) strategy implementation, (v) evaluation and control, and (vi) feedback and learning. This paper establishes the grounds for grasping the gaps existing in the literature and proposes a future research agenda.
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Bruno Siano Rêgo
Portucalense University & REMIT – Research on Economics, Management and Information Technologies, Porto, Portugal
Shital Jayantilal
University of Beira Interior & NECE – Research Unit in Business Science, Covilha, Portugal
João J. Ferreira
Department of Information Systems and Technology Management, George Washington University School of Business, Washington, DC, 20052, USA
Elias G. Carayannis
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Rêgo, B.S., Jayantilal, S., Ferreira, J.J. et al. Digital Transformation and Strategic Management: a Systematic Review of the Literature. J Knowl Econ 13 , 3195–3222 (2022). https://doi.org/10.1007/s13132-021-00853-3
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Received : 27 September 2021
Accepted : 26 October 2021
Published : 13 November 2021
Issue Date : December 2022
DOI : https://doi.org/10.1007/s13132-021-00853-3
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