Abstract

The article deals with the process management's issues of digital transformation in companies. The emphasis is made on the consideration of program's projects as interrelated components with the features of emergency system, not as a weakly interconnected complex (linear set) of projects. Authors propose the organizational model of transformation's program management and the new approach to prioritizing projects based on the use of network analysis. The suggested method allows to evaluate the role of the project in the transformation program and its impact on the other projects, as well as its impact on the planned benefits of the program. It also allows to distribute resources between projects and to assess the risks of the program as a whole. The article focuses on the differences of medium-sized companies' management methods, on the one hand, from companies in small business, and on the other hand, from large companies. The application of the method was tested at a medium-sized poultry farm. The analysis of projects of the real program was made, the network model of the program was built, and the probability of projects' and the program at all success was estimated. The evaluation of the program indicators allowed the authors to make conclusions about priorities of separate projects. The proposed approach can be used in various companies, regardless of industry affiliation.

Highlights

  • The article deals with the process management’s issues of digital transformation in companies

  • The logic of considering the digital transformation at medium-sized businesses separately is validated by the difference between their management systems and management at large companies

  • A considerable amount of scientific publications have been devoted to the issues of the medium-sized business (MB) development

Read more

Summary

LiTERATURE REViEW

A considerable amount of scientific publications have been devoted to the issues of the medium-sized business (MB) development. The problems of program management are deeply studied by Thiry (2015) These issues are presented in such practical guides as “The. standard for portfolio management” (2017), “The standard for program management” (2017). Most of the existing publications do not consider medium businesses separately and do not reveal any special digital transformation program management for them. The insufficient use of the potential of medium-sized businesses in many countries, the lack of comprehensive scholarly works on mediumsized businesses management, the low level of methodological support for digital transformation programs based on the system approach have led to the choice of the topic and the range of issues that require priority consideration

PoTENTiALiTY oF diGiTAL TRANSFoRMATioN iN MEdiUMSiZEd BUSiNESS
Managing the risk of a transformational program
The probability of achieving program goal
Prioritization of program projects
THE ModEL oF THE PoULTRY FARM diGiTAL TRANSFoRMATioN PRoGRAM
CoNCLUSioN
Literature Review and Guidelines for Future
Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call