409672

Exploring the Relationship between Digital Transformation and Effective Strategic Decision-making in the Egyptian Banking Sector

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Last updated: 15 Feb 2025

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إدارة الأعمال

Abstract

This research investigates how digital transformation influences strategic decision-making within the Egyptian banking industry. Using a quantitative method, the study analyzes survey responses from senior managers and executives. Findings indicate a strong positive correlation between digital transformation and the effectiveness of strategic decision-making. Digital transformation enhances the alignment of organizational goals, stakeholder engagement, data analytics, communication efficiency, and the timeliness of decisions. The study highlights the critical role of adopting digital technologies and incorporating emerging tech to reinforce strategic decision-making in banks. The study contributes to the existing body of knowledge by providing empirical evidence on this relationship within the Egyptian context. It underscores the necessity of investing in digital tools and encouraging stakeholder participation to meet strategic goals and gain a competitive edge.

DOI

10.21608/jces.2024.409672

Keywords

digital transformation, Strategic Decision-Making, Egyptian banking sector

Authors

First Name

Amira

Last Name

M. Omar

MiddleName

-

Affiliation

Associate Professor of Business Administration Faculty of Economics and International Trade, Egyptian Chinese University, Cairo, Egypt

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Volume

15

Article Issue

4

Related Issue

49718

Issue Date

2024-10-01

Receive Date

2024-10-01

Publish Date

2024-10-01

Page Start

189

Page End

226

Print ISSN

2090-3782

Online ISSN

3062-5386

Link

https://jces.journals.ekb.eg/article_409672.html

Detail API

http://journals.ekb.eg?_action=service&article_code=409672

Order

409,672

Type

المقالة الأصلية

Type Code

986

Publication Type

Journal

Publication Title

المجلة العلمية للدراسات التجارية والبيئية

Publication Link

https://jces.journals.ekb.eg/

MainTitle

Exploring the Relationship between Digital Transformation and Effective Strategic Decision-making in the Egyptian Banking Sector

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Article

Created At

15 Feb 2025