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How to succeed in the digital age? Monitor the organizational context, identify risks and opportunities, and manage change effectively

Author

Listed:
  • Fonseca Luis Miguel

    (ISEP-IPP, Porto School of Engineering, and CIDEM, Porto, Portugal)

  • Domingues José Pedro

    (ISEP-IPP, Porto School of Engineering, Porto, Portugal)

Abstract

Due to the dynamic and inter-connected internal and external environments of the present digital age, organizations are faced with increased challenges to achieve enduring success. After reviewing the major management theories with an organizational focus, and the changes brought with the new ISO 9001:2015 Quality Management Systems International Standard Edition, the hypotheses that to succeed in the digital age organizations must monitor the organizational context, identify risks and opportunities, and manage change effectively, are presented. A worldwide survey was carried out among IRCA registered auditors concerning ISO 9001:2015 certified organizations, and by using a quantitative methodology (sample normality was confirmed through Kolmogorov-Smirnov test and the hypothesis were tested by using Pearson correlation coefficient). The results of this research highlight the need to properly monitor the organizational (internal and external) context and identify the key issues that affect the organizations ability to deliver quality products and satisfy their customers and key stakeholders, and to plan, design, implement and control change in an effective and timely manner. These results support the notion that organizations should adopt appropriate organizational models for the present digital age, with emphasis on knowledge management and horizontal customer perspectives, willing to scan the environment, identify risk and opportunities and take timely and suitable actions.

Suggested Citation

  • Fonseca Luis Miguel & Domingues José Pedro, 2017. "How to succeed in the digital age? Monitor the organizational context, identify risks and opportunities, and manage change effectively," Management & Marketing, Sciendo, vol. 12(3), pages 443-455, September.
    • Handle: RePEc:vrs:manmar:v:12:y:2017:i:3:p:443-455:n:7
    DOI: 10.1515/mmcks-2017-0027
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    References listed on IDEAS

    as
    1. Luis Fonseca & Amílcar Ramos & à lvaro Rosa & Ana Cristina Braga & Paulo Sampaio, 2016. "Stakeholders satisfaction and sustainable success," International Journal of Industrial and Systems Engineering, Inderscience Enterprises Ltd, vol. 24(2), pages 144-157.
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