Abstract
The blistering development and adoption of digital technologies are changing the modern business landscape and putting strain on traditional management methods based on hierarchy, linear decision-making, and siloed operations. Even though technologies have been widely adopted, including artificial intelligence, the Internet of Things, big data analytics, cloud computing, and intelligent automation, there is a pressing need for a comprehensive system to guide organisations in their transformation into smart organisations. The study develops a conceptually sound, theoretically significant framework for business administration in the next generation by synthesising knowledge from the resource-based perspective and dynamic capabilities theory. The eight thematic pillars, smart technology infrastructure, digital leadership and governance, data analytics and intelligence, human capital and digital skills, cybersecurity and risk governance, sustainable innovation, organisational agility, and customer-centric digital systems are the fundamental dimensions that allow the organisation to operate in adaptive, responsive, and value-creating modes. Agility in organisations is designed as a key mediating process that unites technological assets, leadership focus, human assets, and systemic capabilities to promote innovation, competitive edge, and sustainable performance. It is a framework that goes beyond technology-deterministic approaches in acknowledging socio-technical interdependencies, development of algorithmic capabilities, and ecosystem dynamics, which define digitally enabled organisations. To practitioners and policymakers, the framework provides a strategic roadmap of where to invest to determine organisational preparedness, prioritize investments, and to deploy holistic digital transformation initiatives and create responsible innovation, environmental stewardship, and social value generation. The research helps to fill the gaps in the theoretical base and operational and strategic directions of smart enterprise development and empowers business leaders to go through the challenges of technology-focused, dynamic, and globalized business environments.
Keywords
Smart Enterprises, Digital Transformation, Resource-Based View, Dynamic Capabilities Theory, Organisational Agility, Technology-Driven Business Administration, Data Analytics.
Citations
IRE Journals:
Olowo-Igbasan Gbemisola Adedoyin "Smart Enterprises: A Tech-Driven Framework for Next-Generation Business Administration" Iconic Research And Engineering Journals Volume 6 Issue 11 2023 Page 1031-1037 https://doi.org/10.64388/IREV6I11-1714496
IEEE:
Olowo-Igbasan Gbemisola Adedoyin
"Smart Enterprises: A Tech-Driven Framework for Next-Generation Business Administration" Iconic Research And Engineering Journals, 6(11) https://doi.org/10.64388/IREV6I11-1714496
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