Influence of Digital Technologies and Its Technological Dynamics on Company Management

Doing business in the market today is unthinkable without new and modern technology, which is one of the key resources by which companies achieve a sustainable competitive advantage. Digitalization and digital transformation of business includes a number of information and communication technologies...

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Main Authors: Ivana Martinčević*, Goran Kozina
Format: Article
Language:English
Published: Faculty of Mechanical Engineering in Slavonski Brod, Faculty of Electrical Engineering in Osijek, Faculty of Civil Engineering in Osijek 2021-01-01
Series:Tehnički Vjesnik
Subjects:
Online Access:https://hrcak.srce.hr/file/379493
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author Ivana Martinčević*
Goran Kozina
author_facet Ivana Martinčević*
Goran Kozina
author_sort Ivana Martinčević*
collection DOAJ
description Doing business in the market today is unthinkable without new and modern technology, which is one of the key resources by which companies achieve a sustainable competitive advantage. Digitalization and digital transformation of business includes a number of information and communication technologies (ICT) that are built into business processes and which make it easier for management to do business but also ensure market recognition. Globalization of business affects the expansion and easier access to markets, whereby the management of the company must find new ways and methods of doing business, where the digital transformation of business and new digital and information-communication technologies have an effect on growth and competitive advantage. The ability of an organization to transform its business towards digitalization and application of new digital technologies largely depends on the management of the company and a clear digital strategy as an integral part of the corporate business strategy. In order to investigate the impact of constant and rapid development of digital technologies on the management of the company from the aspect of its acceptance and integration within the company's strategy, a survey was conducted in the territory of the Republic of Croatia and Croatian export companies (micro, small, medium and large) were included in the survey.
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spelling doaj.art-76a99ba8d65f479fa931fe15dc0fcb022024-04-15T17:07:40ZengFaculty of Mechanical Engineering in Slavonski Brod, Faculty of Electrical Engineering in Osijek, Faculty of Civil Engineering in OsijekTehnički Vjesnik1330-36511848-63392021-01-012841262126710.17559/TV-20200924091906Influence of Digital Technologies and Its Technological Dynamics on Company ManagementIvana Martinčević*0Goran Kozina1University North, Trg Žarka Dolinara 1, 48000 Koprivnica, CroatiaUniversity North, Trg Žarka Dolinara 1, 48000 Koprivnica, CroatiaDoing business in the market today is unthinkable without new and modern technology, which is one of the key resources by which companies achieve a sustainable competitive advantage. Digitalization and digital transformation of business includes a number of information and communication technologies (ICT) that are built into business processes and which make it easier for management to do business but also ensure market recognition. Globalization of business affects the expansion and easier access to markets, whereby the management of the company must find new ways and methods of doing business, where the digital transformation of business and new digital and information-communication technologies have an effect on growth and competitive advantage. The ability of an organization to transform its business towards digitalization and application of new digital technologies largely depends on the management of the company and a clear digital strategy as an integral part of the corporate business strategy. In order to investigate the impact of constant and rapid development of digital technologies on the management of the company from the aspect of its acceptance and integration within the company's strategy, a survey was conducted in the territory of the Republic of Croatia and Croatian export companies (micro, small, medium and large) were included in the survey.https://hrcak.srce.hr/file/379493digitalizationdigital strategydigital transformationdigital technologyexport companiesinformation and communication technologies (ICT)
spellingShingle Ivana Martinčević*
Goran Kozina
Influence of Digital Technologies and Its Technological Dynamics on Company Management
Tehnički Vjesnik
digitalization
digital strategy
digital transformation
digital technology
export companies
information and communication technologies (ICT)
title Influence of Digital Technologies and Its Technological Dynamics on Company Management
title_full Influence of Digital Technologies and Its Technological Dynamics on Company Management
title_fullStr Influence of Digital Technologies and Its Technological Dynamics on Company Management
title_full_unstemmed Influence of Digital Technologies and Its Technological Dynamics on Company Management
title_short Influence of Digital Technologies and Its Technological Dynamics on Company Management
title_sort influence of digital technologies and its technological dynamics on company management
topic digitalization
digital strategy
digital transformation
digital technology
export companies
information and communication technologies (ICT)
url https://hrcak.srce.hr/file/379493
work_keys_str_mv AT ivanamartincevic influenceofdigitaltechnologiesanditstechnologicaldynamicsoncompanymanagement
AT gorankozina influenceofdigitaltechnologiesanditstechnologicaldynamicsoncompanymanagement