Role of Digital Transformation for Achieving Sustainability: Mediated Role of Stakeholders, Key Capabilities, and Technology

Rafael Martínez-Peláez, Alberto Ochoa-Brust, Solange Rivera, Vanessa G. Félix, Rodolfo Ostos, Héctor Brito, Ramón A. Félix and Luis J. Mena ()
Additional contact information
Rafael Martínez-Peláez: Departamento de Ingeniería de Sistemas y Computación, Universidad Católica del Norte, Antofagasta 1249004, Chile
Alberto Ochoa-Brust: Facultad de Ingeniería Mecánica y Eléctrica, Universidad de Colima, Colima 28400, Mexico
Solange Rivera: Departamento de Ingenierías Química, Electrónica y Biomédica, División de Ciencias e Ingenierías, UG-CL, León 37150, Mexico
Vanessa G. Félix: Unidad Académica de Computación, Universidad Politécnica de Sinaloa, Mazatlán 82199, Mexico
Rodolfo Ostos: Unidad Académica de Computación, Universidad Politécnica de Sinaloa, Mazatlán 82199, Mexico
Héctor Brito: Unidad Académica de Computación, Universidad Politécnica de Sinaloa, Mazatlán 82199, Mexico
Ramón A. Félix: Facultad de Ingeniería Mecánica y Eléctrica, Universidad de Colima, Colima 28400, Mexico
Luis J. Mena: Unidad Académica de Computación, Universidad Politécnica de Sinaloa, Mazatlán 82199, Mexico

Sustainability, 2023, vol. 15, issue 14, 1-27

Abstract: Sustainability through digital transformation is essential for contemporary businesses. Embracing sustainability, micro-, small-, and medium-sized enterprises (MSMEs) can gain a competitive advantage, attracting customers and investors who share these values. Moreover, incorporating sustainable practices empowers MSMEs to drive innovation, reduce costs, and enhance their reputation. This study aims to identify how owners or senior managers of MSMEs can initiate a sustainable digital transformation project. A systematic literature review was carried out, including 59 publications from 2019 to 2023. As a result, this research identifies the first steps owners of MSMEs can take to begin the transition by identifying critical organizational capabilities necessary for successful transformation, explores the technologies that can support MSMEs in their sustainability goals, and emphasizes the significance of stakeholders in achieving a successful digital transformation journey. Firstly, owners or senior managers should change the organizational culture to support decisions and strategies focus on sustainability. Secondly, the leading role of stakeholders is in the innovation process that allows businesses to be more competitive locally and globally. Finally, big data is the technology that can provide the most significant benefit to MSMEs because it will enable analyzing data of all kinds and contributes disruptively to decision-making.

Keywords: digital technology; ICT; management; MSMEs; organizational culture; stakeholder (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (22)

Downloads: (external link)
https://www.mdpi.com/2071-1050/15/14/11221/pdf (application/pdf)
https://www.mdpi.com/2071-1050/15/14/11221/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:15:y:2023:i:14:p:11221-:d:1197026

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().