Leadership for successful digitalization: A literature review on companies’ internal and external aspects of digitalization
Digitalization is a global megatrend that changes companies’ internal and external value-creation activities. The introduction of digital technologies requires organizations to adapt their internal operations and external product and service offerings to remain competitive. Leaders must possess spec...
Main Authors: | , |
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Format: | Article |
Language: | English |
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Elsevier
2023-05-01
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Series: | Sustainable Technology and Entrepreneurship |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2773032823000032 |
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author | Florian Tagscherer Claus-Christian Carbon |
author_facet | Florian Tagscherer Claus-Christian Carbon |
author_sort | Florian Tagscherer |
collection | DOAJ |
description | Digitalization is a global megatrend that changes companies’ internal and external value-creation activities. The introduction of digital technologies requires organizations to adapt their internal operations and external product and service offerings to remain competitive. Leaders must possess specific skills and characteristics to guide their organization successfully through digitalization. We conducted a literature review to research which leadership skills are required for successful digitalization regarding companies’ internal and external dimensions. We employed an inductive analysis that identified 92 articles from 2011 to 2021, which allowed us to structure the results into nine main themes. We revealed that leaders for successful digitalization must be visionary and customer-centered while embracing change. Supporting properties for successful leadership in digitalization are flat hierarchies, empowering employees, possessing digital savviness, and engaging in partnerships and ecosystems. In conclusion, digitalization requires true leadership, not mere management, to embrace risk-taking and promote teamwork and collaboration. This includes continuous awareness of diversity and cultural differences, which must be actively managed. |
first_indexed | 2024-03-12T17:38:46Z |
format | Article |
id | doaj.art-7f36a8c8fc7e4b10a6d12e88d7059ea3 |
institution | Directory Open Access Journal |
issn | 2773-0328 |
language | English |
last_indexed | 2024-03-12T17:38:46Z |
publishDate | 2023-05-01 |
publisher | Elsevier |
record_format | Article |
series | Sustainable Technology and Entrepreneurship |
spelling | doaj.art-7f36a8c8fc7e4b10a6d12e88d7059ea32023-08-04T05:51:27ZengElsevierSustainable Technology and Entrepreneurship2773-03282023-05-0122100039Leadership for successful digitalization: A literature review on companies’ internal and external aspects of digitalizationFlorian Tagscherer0Claus-Christian Carbon1Department of General Psychology and Methodology, University of Bamberg, Bamberg, Bavaria, GermanyCorresponding author.; Department of General Psychology and Methodology, University of Bamberg, Bamberg, Bavaria, GermanyDigitalization is a global megatrend that changes companies’ internal and external value-creation activities. The introduction of digital technologies requires organizations to adapt their internal operations and external product and service offerings to remain competitive. Leaders must possess specific skills and characteristics to guide their organization successfully through digitalization. We conducted a literature review to research which leadership skills are required for successful digitalization regarding companies’ internal and external dimensions. We employed an inductive analysis that identified 92 articles from 2011 to 2021, which allowed us to structure the results into nine main themes. We revealed that leaders for successful digitalization must be visionary and customer-centered while embracing change. Supporting properties for successful leadership in digitalization are flat hierarchies, empowering employees, possessing digital savviness, and engaging in partnerships and ecosystems. In conclusion, digitalization requires true leadership, not mere management, to embrace risk-taking and promote teamwork and collaboration. This includes continuous awareness of diversity and cultural differences, which must be actively managed.http://www.sciencedirect.com/science/article/pii/S2773032823000032LeadershipDigitalisationDigital transformationIndustry 4.0Personality |
spellingShingle | Florian Tagscherer Claus-Christian Carbon Leadership for successful digitalization: A literature review on companies’ internal and external aspects of digitalization Sustainable Technology and Entrepreneurship Leadership Digitalisation Digital transformation Industry 4.0 Personality |
title | Leadership for successful digitalization: A literature review on companies’ internal and external aspects of digitalization |
title_full | Leadership for successful digitalization: A literature review on companies’ internal and external aspects of digitalization |
title_fullStr | Leadership for successful digitalization: A literature review on companies’ internal and external aspects of digitalization |
title_full_unstemmed | Leadership for successful digitalization: A literature review on companies’ internal and external aspects of digitalization |
title_short | Leadership for successful digitalization: A literature review on companies’ internal and external aspects of digitalization |
title_sort | leadership for successful digitalization a literature review on companies internal and external aspects of digitalization |
topic | Leadership Digitalisation Digital transformation Industry 4.0 Personality |
url | http://www.sciencedirect.com/science/article/pii/S2773032823000032 |
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