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MANAGEMENT STRATEGIES, KEY TO DIGITAL TRANSFORMATION

Casiana Darie Maria ()
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Casiana Darie Maria: Academy of Economic Studies Bucharest, Romania

Management Strategies Journal, 2023, vol. 59, issue 1, 29-34

Abstract: Macroeconomic events affect in multiple ways and companies should be aware of those challenges that came across. Broken supply chains continue to be a problem, labor disruption increase this year and affects organization internally, the pandemic also pushed digital economy at a faster rate than before. ERP implementation came across with some challenges in 2022, prediction and trends for 2023 and beyond seems to keep those. The key for organization is to understand why interferences happen and deploying KPIs throughout the journey as well as post-project to keep everything on track from start to finish. The end goal is to ensure that the implementation is on time and budget and minimizes operational disruption and maximizes potential business value. Qualitative and quantitative findings present in this paper are fairly consistent among companies of comparable size and complexity. It is important for companies to know about how to maximize business value and get the full ROI. This paper aims to present a few examples of things that might drive revenue enhancements and what is the prediction for 2023 and beyond.

Keywords: Management strategies; ERP Implementation; Challenges in ERP; Trends (search for similar items in EconPapers)
JEL-codes: G30 O31 (search for similar items in EconPapers)
Date: 2023
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