Transformational Change in Digital Age

Owned by Darlene Edgar
Feb 11, 2024
1 min read

Cherep, A., Voronkova, V., & Androsova, O. (2022). Transformational changes in organizational management and human resources in the digital age. Baltic Journal of Economic Studies, 8(3), 210-219. http://baltijapublishing.lv/index.php/issue/article/view/1820/1837

  • The article explores the impact of information and communication technology (ICT) on organizational management and human resources (HR) in the digital age.

  • Gartner's annual list of promising IT trends is highlighted as essential for developing innovative, digital organizations and HR practices.

  • Key IT trends identified include generative AI, data factories, cloud platforms, intelligent decision-making, cyber security networks, hyper automation, AI development, and more.

  • Embracing modern IT trends allows organizations to optimize costs, increase efficiency, enhance customer relationships, and stay competitive in the digital landscape.

  • The shift towards customer-oriented models and the importance of leveraging big data for business development are emphasized.

  • Organizations are urged to adopt flexible, creative, and human-centric approaches to management, challenging traditional bureaucratic models.

  • Maximizing employee contribution and fostering a culture of initiative, creativity, and dedication are highlighted as essential for success.

  • The implementation of the European vision of personnel management is discussed, emphasizing the integration of digital technologies into HR practices for innovation and efficiency.

  • Humanistic principles in HR management amidst transformational change are emphasized, advocating for revolutionary and evolutionary approaches that address bureaucratic ills.

  • The article also addresses the impact of ICT on the development of a regenerative economy and humane HR management.

  • Harnessing technology to create stable, healthy, and sustainable systems, promoting equitable participation, wealth distribution, and community formation, is highlighted as crucial.

  • Overall, the article advocates for human-centric approaches that prioritize employee well-being and innovation in the digital age