Post-Crisis Digital Transformation: Business Model Adaptation in Eastern Europe and the Middle East
Shakir Ahmed Hasan () and
Vrînceanu Bogdan-Petru ()
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Shakir Ahmed Hasan: Bucharest Academy of Economic Studies, Bucharest, Romania
Vrînceanu Bogdan-Petru: Bucharest Academy of Economic Studies, Bucharest, Romania
Proceedings of the International Conference on Business Excellence, 2025, vol. 19, issue 1, 2292-2303
Abstract:
This study investigates post-crisis digital transformation and business model adaptation in Eastern Europe and the Middle East, regions with diverse economic structures and varying technological maturity. It explores how organizations in these regions utilized digital technologies to navigate crisis conditions, focusing on the interplay between digital agility, data-driven strategies, and business sustainability. Existing literature emphasizes the growing importance of digital transformation for organizational resilience, particularly during disruptions. However, the specific challenges and opportunities within emerging economies like those in Eastern Europe and the Middle East remain underexplored. This research addresses this gap by examining how digital agility influences business sustainability post-crisis, whether digital transformation effectiveness varies across sectors, and what key drivers and barriers exist for successful digital transformation in these regions. Key findings reveal a strong positive correlation between digital agility and post-crisis business sustainability; significant sectoral variations in digital transformation success, with financial services and healthcare leading; regional differences in digital adoption and effectiveness, with Middle Eastern companies demonstrating higher efficiency gains despite structural barriers; the importance of integrating digital strategies beyond operational efficiency for sustained growth; and crucial roles for leadership, digital governance, employee training, external partnerships, cloud computing, and AI, while common barriers include implementation costs, workforce resistance, and cybersecurity concerns. These findings contribute empirical evidence of the link between digital transformation and post-crisis resilience in emerging economies. The study highlights the importance of a holistic approach, encompassing not only technology but also strategic alignment, leadership, human capital, and customer-centricity. It underscores the need for enabling policy environments, including infrastructure investment, SME support, and robust cybersecurity frameworks. Limitations include geographical focus and sample size. Future research could explore long-term digital sustainability, emerging technology impacts, and sector-specific challenges.
Keywords: Digital Transformation; Post-Crisis Resilience; Emerging Economies; Business Sustainability; Digital Agility; Data-Driven Strategies; Organizational Adaptation (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:poicbe:v:19:y:2025:i:1:p:2292-2303:n:1025
DOI: 10.2478/picbe-2025-0177
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