Experts cite the low efficiency of strategic management as one of the key reasons for the poor effectiveness of digital transformation in many Russian companies, due to both the lack of experience in managing digital transformation and the absence of mechanisms for such management. Moreover, the rapid development of technologies and the need to respond quickly to changes in the external environment contribute to the opinion that traditional approaches to strategic company management are irrelevant. All of the above sets the scientific community the important task of creating a methodological basis for strategic management of digital transformation, the initial stage of which is the analysis of the current state of research in this area. The aim of the study is to analyze the views of the Russian research community on the effectiveness the prospects of strategic management of companies in the context of digital transformation, taking into account national specifics. The study reviews the publications in Russian high rating scientific journals (included in the RSCI core list, WoS and/or Scopus) for the period 2015–2020. The paper assesses the impact of digital transformation on business and the company management system, analyses the specific features of digital transformation processes in Russia and identifies prerequisites for changes in strategic management approaches. It is substantiated that for Russian companies, the abandonment of strategic management is impossible and can have potentially negative consequences. Consequently, it is necessary to move away from the short planning horizon and expectations of quick results. At the same time, the growth of uncertainty, including due to the high variability of the legislative field, requires the adaptation of existing mechanisms of strategic management.

Original languageEnglish
Title of host publicationDigital Economy. Emerging Technologies and Business Innovation
Subtitle of host publication6th International Conference on Digital Economy, ICDEc 2021, Proceedings
EditorsRim Jallouli, Mohamed Anis Bach Tobji, Hamid Mcheick, Gunnar Piho
Place of PublicationCham
PublisherSpringer Nature
Pages211-221
ISBN (Print)9783030929084
DOIs
StatePublished - 2021
Event6th International Conference on Digital Economy, ICDEc 2021 - Virtual, Online
Duration: 15 Jul 202117 Jul 2021

Publication series

NameLecture Notes in Business Information Processing
Volume431 LNBIP
ISSN (Print)1865-1348
ISSN (Electronic)1865-1356

Conference

Conference6th International Conference on Digital Economy, ICDEc 2021
CityVirtual, Online
Period15/07/2117/07/21

    Research areas

  • Digital transformation of companies, Literature review, Russian companies, Scenario management, Strategic management

    Scopus subject areas

  • Control and Systems Engineering
  • Management Information Systems
  • Business and International Management
  • Information Systems
  • Modelling and Simulation
  • Information Systems and Management

ID: 92724907