The third cluster, the digital business model innovation, involves 187 studies. To fulfil this goal, a systematic review of the literature was performed, analysing 45 articles found in the web of science database, focusing on digital transformation and strategic management The results show that studies dealing with the relationship between dt and strategic management are incipient. This paper examines strategies for effective strategic management in the digital age, focusing on the challenges, opportunities, and future trends shaping organizational practices The digital age has transformed the business landscape, requiring organizations to adapt their strategic management approaches to navigate dynamic and uncertain environments successfully This paper develops a conceptual framework to analyze the impact of digitalization on firms.
Digitalization strategy framework can go a long way in ensuring sustainable competitive advantage for firms However, successful transformation requires relentless effort, dedicated funding and unending support from top management According to a report from forbes, about 84% of digitalization strategy fail.
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