Abstract In this qualitative study, we explore how incumbent firms in traditional industries build dynamic capabilities for digital transformation. Digital transformation has been defined as the use of new digital technologies, such as mobile, artificial intelligence, cloud, blockchain, and the Internet of things (IoT) technologies, to enable major business improvements to augment customer experience, streamline operations, or create new business models. In making sense of digital transformation, we discovered that leaders in various industry circles use the term inconsistently to describe various strategizing and organizing activities; in addition, the term has gained limited scholarly attention as a context for study of strategic change. Drawing on senior executives' experiences with leading digitalization projects at incumbent firms, we propose a process model comprising of nine microfoundations to reveal the generic contingency factors that trigger, enable, and hinder the building of dynamic capabilities for digital transformation. Our findings reveal that digital transformation is an ongoing process of using new digital technologies in everyday organizational life, which recognizes agility as the core mechanism for the strategic renewal of an organization's (1) business model, (2) collaborative approach, and eventually the (3) culture.
When I began my search for an answer to the puzzle of why the best firms can fail, a friend offered some sage advice. "Those who study genetics avoid studying humans," he noted. "Because new generations come along only every thirty years or so, it takes a long time to understand the cause and effect of any changes. Instead, they study fruit flies, because they are conceived, born, mature, and die all within a single day. If you want to understand why something happens in business, study the disk drive industry. Those companies are the closest things to fruit flies that the business world will ever see."
The story about the delayed publication of this seminal work is by now probably familiar to most specialists in international business. As reported in his laudatory introduction, Professor Kindleberger recommended Hymer's doctoral dissertation for publication by the M.I.T. Press in 1960. The publication committee of the Department of Economics at M.l.T. rejected publication of the thesis, one of the reasons being that "the argument was too simple and straightforward." Hymer apparently did not bother to have the thesis chapters submitted for journal publication, and so it was left to Kindleberger to advertise the thesis in his textbook on international economics. Professor Kindleberger is also too modest to mention that his own first rate book on American Business Abroad is a brilliant summary and extension of Hymer's theoretical work. In any case the 1960 Hymer thesis became a basic reference in all subsequent work on the multinational corporation (MNC), but one which many readers found hard to acquire. Its recent publication is to be welcomed, and is a belated recognition by M.I.T. of the brillance of Hymer's thesis.
Dian Megah Sari, Musyrifah Musyrifah, Andi Seppewali
et al.
Kelompok Usaha Maloppo merupakan usaha mikro yang bergerak dalam produksi minyak kelapa murni di Kabupaten Majene, Sulawesi Barat. Meskipun produk yang dihasilkan telah memiliki sertifikat halal dan berpotensi besar di pasaran, proses produksi masih menggunakan metode tradisional sehingga menyebabkan suhu pemanasan tidak stabil, kualitas produk tidak konsisten, dan masa simpan singkat. Selain itu, pemasaran masih terbatas pada pasar tradisional tanpa memanfaatkan media digital. Program pengabdian kepada masyarakat ini bertujuan untuk meningkatkan proses produksi serta memperkuat kapasitas pemasaran melalui penerapan teknologi tepat guna dan strategi digital. Kegiatan dilaksanakan melalui beberapa tahap, yaitu sosialisasi, pelatihan, penerapan teknologi, pendampingan, dan keberlanjutan program. Hasil kegiatan menunjukkan bahwa penggunaan evaporator berbasis IoT mampu meningkatkan konsistensi produk, membuat minyak lebih jernih dan beraroma segar, serta memperpanjang masa simpan hingga dua bulan. Kapasitas produksi juga meningkat sekitar 40%. Dari sisi pemasaran, penerapan digital marketing memungkinkan mitra memanfaatkan media sosial seperti Facebook, WhatsApp Business, dan TikTok untuk promosi dengan konten yang lebih menarik. Perubahan ini memperluas jangkauan pasar dan meningkatkan interaksi dengan konsumen. Dengan demikian, integrasi teknologi tepat guna dan strategi digital marketing berkontribusi signifikan terhadap pemberdayaan UMKM lokal dan peningkatan kesejahteraan masyarakat.
Social history and conditions. Social problems. Social reform, Communities. Classes. Races
Artificial intelligence is increasingly influential in contemporary society. Isaac Asimov's seminal work, “I, Robot”, introduced the foundational robotic laws that have inspired both fictional and real-world discussions. This study examines how Asimov's "laws" are reflected in the legislation of various nations and international organizations, and explores the justification for their inclusion in legal literature and dogmatics. The research focuses on issues related to the regulation of artificial intelligence, including the demarcation of robotics and relevant governmental regulations. Employing descriptive and comparative methods, the study is structured as follows: The first chapter addresses the ontological characteristics of artificial intelligence; the second chapter reviews the regulatory approaches of various states; and the third chapter explores the implications for potential perpetrators of AI-related offenses. Given the continuous advancement of technology, which enhances production efficiency, drives business innovation, and offers recreational benefits, the necessity for legal regulation of emerging pervasive technologies is evident. The findings suggest that the current EU legislation is designed to guide future regulatory developments and has incorporated significant aspects of Asimov's principles into its framework.
Law in general. Comparative and uniform law. Jurisprudence
This paper examines the emerging circular economy trends in universities in the United Arab Emirates (UAE). The circular economy is a model that aims to reduce waste and maximize the use of resources, promoting sustainable development. The study analyses UAE universities' various initiatives to adopt circular economy practices, including using renewable energy, sustainable building design, and waste reduction strategies. The paper also discusses the challenges and opportunities for implementing circular economy practices in universities in the UAE and highlights examples of circular economy initiatives in various universities. The paper concludes by providing recommendations for universities in the UAE to promote sustainable practices further and contribute to the circular economy movement. The findings of this study provide insights into the emerging circular economy trends in universities in the UAE and offer directions for future research in this area. The ADKAR change management can be adapted to inspire the CE initiatives of the UAE Education sector.
Este ensayo forma parte de una investigación más amplia que pretende realizar un acercamiento crítico al Teatro del Oprimido de Augusto Boal con el objetivo de dar expansión a la conceptualización de la praxis teatral, disciplina que hemos venido construyendo durante varios años. En este trabajo inicial nos ha preocupado el sentido del vocablo pueblo y oprimido en los textos del maestro brasileño. Para ello, nos ha parecido necesario realizar una especie de genealogía a fin de ir pautando resonancias de otros autores en la propuesta boaliana. En este caso, nos hemos centrado en aproximarnos al Discurso sobre la servidumbre voluntaria o el Contra Uno (circa 1548) de Étienne de La Boétie. Intentamos realizar una lectura del Discurso desde premisas psicoanalíticas y desde la izquierda lacaniana para despejar algunas hipótesis capaces de oficiar de guía para la investigación futura, la cual estará enfocada en una selección de textos y autores cuya relevancia en el Teatro del Oprimido no puede soslayarse.
Omar Turki Hazzaa, Dewi Fariha Abdullah, Adel Mohammed Dhahebi
Research aim: This research analyses the systematic review of the literature (2015–2021) concerning corporate governance, internal control system, and their impact on financial performance. This study brings about several findings on the role of corporate governance mechanisms such as internal controls, the board size, independence, audit performance on the financial performance of firms. The findings suggested that the internal controls and board characteristics are critical for achieving good corporate governance.
Design/Methodology/Approach: Literature review of previous studies on corporate governance’s role in improving financial performance.
Research findings: The key findings of this review paper showed the importance of internal controls and board characteristics for the success and sustainability of firms.
Practitioner/Policy implications: The findings of this paper are beneficial for small and medium–sized firms to implement good corporate governance to ensure the success and sustainability of their product and services.
Research limitations: This review is limited to the concept of corporate governance, internal control system, theories of corporate governance, financial performance, board characteristics, and recent articles on this topic.
Keywords: Corporate governance, internal control system, financial performance, agency theory, resource dependence theory
Type of article: Literature review
JEL Classification: G32, G34, G41, O16