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Problems of business processes transformation in the context of building digital economy

Author

Listed:
  • Karine Alexandrovna Barmuta

    (Don State Technical University, Russian Federation)

  • Elvir Munirovich Akhmetshin

    (Kazan Federal University, Russian Federation)

  • Iryna Yevheniivna Andryushchenko

    (Zaporizhzhia Polytechnic National University, Ukraine)

  • Asiyat Akhmedovna Tagibova

    (Moscow State Institute of International Relations, Russian Federation)

  • Galina Vladimirovna Meshkova

    (Bauman Moscow State Technical University, Russian Federation)

  • Angelina Olegovna Zekiy

    (I.M. Sechenov First Moscow State Medical University, Russian Federation)

Abstract

The article explores the main problems and features of one of the most relevant phenomena today - digital transformation, which implies fundamental changes in the activities of organizations based on the use of digital technologies. The paper reviews sources on the problems of building a digital economy and moving a business to the digital level. The purpose of this study is to identify the main difficulties for the restructuring of organizations' processes on a digital format, as well as the formation of the theoretical and conceptual foundations of digital business transformation in the face of uncertainty and variability of the modern business environment. Using the methods of analysis, generalization, comparison, synthesis, deduction, induction, the essence of digital transformation is studied, Russia's positions among other countries in terms of readiness for the digital economy are analyzed, problems and barriers that impede the process of digital transformation for Russian and foreign companies are formulated. Based on the use of a systematic approach, methods of scientific abstraction, economic modelling, the work identifies the main functional areas of change, presents a loop of digital business transformation that reflects its main stages, necessary components and changes, and describes key segments of new digital business models of companies. The results can be used to conduct further theoretical and methodological and practice-oriented research in the field of digital business transformation, and can also be used by design teams of organizations to analyze the problems of switching to a digital format, develop a digital transformation strategy and rebuild a business model.

Suggested Citation

  • Karine Alexandrovna Barmuta & Elvir Munirovich Akhmetshin & Iryna Yevheniivna Andryushchenko & Asiyat Akhmedovna Tagibova & Galina Vladimirovna Meshkova & Angelina Olegovna Zekiy, 2020. "Problems of business processes transformation in the context of building digital economy," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(1), pages 945-959, September.
    • Handle: RePEc:ssi:jouesi:v:8:y:2020:i:1:p:945-959
    DOI: 10.9770/jesi.2020.8.1(63)
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    References listed on IDEAS

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    1. Andrei Vladimirovich Glotko & Aleksandra Grigorievna Polyakova & Aleksandra Grigorievna Polyakova & Mariya Yurievna Kuznetsova & Kseniya E. Kovalenko & Rustem Adamovich Shichiyakh & Margarita V. Melni, 2020. "Main trends of government regulation of sectoral digitalization," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(3), pages 2181-2195, March.
    2. V. G. Khalin & G. V. Chernova, 2018. "Digitalization and Its Impact on the Russian Economy and Society: Advantages, Challenges, Threats and Risks," Administrative Consulting, Russian Presidential Academy of National Economy and Public Administration. North-West Institute of Management., issue 10.
    3. Russell W. Belk, 2013. "Extended Self in a Digital World," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 40(3), pages 477-500.
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    Cited by:

    1. Armenia ANDRONICEANU & Jani KINNUNEN & Irina GEORGESCU, 2020. "E-Government Clusters In The Eu Based On The Gaussian Mixture Models," REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania, vol. 2020(35), pages 6-20, December.
    2. Regina Diaz & Raul Montalvo, 2022. "Digital Transformation as an Enabler to Become More Efficient in Sustainability: Evidence from Five Leading Companies in the Mexican Market," Sustainability, MDPI, vol. 14(22), pages 1-19, November.

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    More about this item

    Keywords

    digital economy; digital transformation;

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O39 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Other

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