Impact of Digital Transformation Strategies on Organizational Performance in the Retail Industry in Cameroon

IF 4.6 Q2 MATERIALS SCIENCE, BIOMATERIALS
Joseph Pierre
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 Methodology: The study adopted a desktop methodology. Desk research refers to secondary data or that which can be collected without fieldwork. Desk research is basically involved in collecting data from existing resources hence it is often considered a low cost technique as compared to field research, as the main cost is involved in executive’s time, telephone charges and directories. Thus, the study relied on already published studies, reports and statistics. This secondary data was easily accessed through the online journals and library
 Findings: The findings suggest that the implementation of digital transformation strategies in the retail industry in Cameroon has positively impacted organizational performance. Retailers adopting digital technologies have experienced improved customer engagement, streamlined operations, enhanced inventory management, and increased sales, ultimately leading to greater profitability and competitiveness in the market.
 Unique Contribution to Theory, Practice and Policy: The Resource-Based View (RBV) Theory, Innovation Diffusion Theory and Dynamic Capabilities Theory may be used to anchor future studies on the impact of digital transformation strategies on organizational performance in the retail industry in Cameroon. Retailers should explore partnerships, industry associations, and knowledge-sharing platforms to collectively address digital challenges, share best practices, and drive innovation. Regulatory bodies can encourage the responsible use of customer data for personalization while safeguarding privacy, thus fostering a conducive environment for digital transformation in the retail sector.","PeriodicalId":2,"journal":{"name":"ACS Applied Bio Materials","volume":null,"pages":null},"PeriodicalIF":4.6000,"publicationDate":"2023-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"ACS Applied Bio Materials","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.47604/ijsm.2181","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"MATERIALS SCIENCE, BIOMATERIALS","Score":null,"Total":0}
引用次数: 0

Abstract

Purpose: The aim of the study was to investigate the impact of digital transformation strategies on organizational performance in the retail industry in Cameroon. Methodology: The study adopted a desktop methodology. Desk research refers to secondary data or that which can be collected without fieldwork. Desk research is basically involved in collecting data from existing resources hence it is often considered a low cost technique as compared to field research, as the main cost is involved in executive’s time, telephone charges and directories. Thus, the study relied on already published studies, reports and statistics. This secondary data was easily accessed through the online journals and library Findings: The findings suggest that the implementation of digital transformation strategies in the retail industry in Cameroon has positively impacted organizational performance. Retailers adopting digital technologies have experienced improved customer engagement, streamlined operations, enhanced inventory management, and increased sales, ultimately leading to greater profitability and competitiveness in the market. Unique Contribution to Theory, Practice and Policy: The Resource-Based View (RBV) Theory, Innovation Diffusion Theory and Dynamic Capabilities Theory may be used to anchor future studies on the impact of digital transformation strategies on organizational performance in the retail industry in Cameroon. Retailers should explore partnerships, industry associations, and knowledge-sharing platforms to collectively address digital challenges, share best practices, and drive innovation. Regulatory bodies can encourage the responsible use of customer data for personalization while safeguarding privacy, thus fostering a conducive environment for digital transformation in the retail sector.
数字化转型战略对喀麦隆零售业组织绩效的影响
目的:本研究的目的是调查数字化转型战略对喀麦隆零售业组织绩效的影响。 方法学:本研究采用桌面方法学。案头研究指的是二手数据或不需要实地调查就能收集到的数据。案头调查基本上涉及从现有资源中收集数据,因此,与实地调查相比,案头调查通常被认为是一种成本较低的技术,因为主要费用是行政人员的时间、电话费和通讯录。因此,这项研究依赖于已经发表的研究、报告和统计数据。这些辅助数据很容易通过在线期刊和图书馆获得 研究结果:研究结果表明,喀麦隆零售业实施数字化转型战略对组织绩效产生了积极影响。采用数字技术的零售商提高了客户参与度,简化了运营,加强了库存管理,增加了销售额,最终提高了盈利能力和市场竞争力。 对理论、实践和政策的独特贡献:资源基础观点(RBV)理论、创新扩散理论和动态能力理论可以用来锚定未来关于喀麦隆零售业数字化转型战略对组织绩效影响的研究。零售商应探索合作伙伴关系、行业协会和知识共享平台,共同应对数字化挑战,分享最佳实践,推动创新。监管机构可以鼓励在保护隐私的同时负责任地使用客户数据进行个性化,从而为零售行业的数字化转型营造有利的环境。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
ACS Applied Bio Materials
ACS Applied Bio Materials Chemistry-Chemistry (all)
CiteScore
9.40
自引率
2.10%
发文量
464
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