Innovation and financial viability scores by industry.

Innovation and financial viability scores by industry.

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Industry 4.0 and Society 5.0 are reshaping the way organizations function and interact with the communities they serve. The massive penetration of computer and network applications forces organizations to digitalize their processes and provide innovative products, services, and business models. The education market is suffering changes as well, but...

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... cross-sectional variables, innovation, and financial viability also seemed to be restricted, as shown in Figure 7. It can be clearly observed that the values for both components were the smallest across the industries. ...

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... The rapid digital transformation of higher education has led to a significant increase in the use of virtual universities, online learning platforms, and digital student services (Mohamed Hashim, Tlemsani & Matthews, 2022;Rodríguez-Abitia & Bribiesca-Correa, 2021). As institutions expand their digital footprint, students often struggle to navigate complex academic structures, including course selection, exam requirements, administrative processes, and career planning. ...
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... Internet of Things (IoT), edge computing, cybersecurity innovations, and big data, the education sector is also undergoing transformation [2]. The impact of digital technology is expanding swiftly on a global scale, impacting both existing and new activities in every sector [3], which is also prominent in the education sector. ...
... • Absence of Strategic Planning 23 [2,6,9,12,16] • Inconsistent Strategies and Reference Models concerning the Digital Vision 6 [7,20] • Deficiency in Digital Strategy 5 [7,12,13,16,17] • Challenges in Converting Strategies into Action Plans 4 [6,7,9,13] Digital Policies (n = 11) • Absence of Clear Institutional Policies 6 [9,13] • Insufficient Enforcement of Digital Policies 3 [21] • Rigid Policy Implementation 2 [20] II. Digital Leadership and Management (n = 35) Leadership (n = 15) ...
... • Leadership Ineffectiveness 8 [9,13,16] • Lack of Leadership for Transformation 7 [2,5,6,9,12,13] Management (n = 20) ...
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... For higher education in the twenty-first century, scholars concur that digital transformation supported by strong data analytic frameworks is necessary (Valdés et al., 2021). (Rodríguez-Abitia & Bribiesca-Correa, 2021)state that using data analysis technology becomes critical in UAE higher education for efficiency in decisionmaking, customer happiness, and research output. ...
... The university needs leadership and human capital management with sufficient digital capabilities, especially given the Fourth Industrial Revolution's (4IR) rapid technological advancements in robotics, IoT, nanotech, big data, and AI are all parts of this technological landscape. Accordingly, organizational support, change management, and manager and employee engagement are aspects of the leadership dimension for sustainable HEIs' digital transformation (Rodríguez-Abitia & Bribiesca-Correa, 2021). Several research studies stress the importance of digital leadership strategy (Chauca et al., 2021)and top-down university management (Bond et al., 2018) in facilitating digital transformation in higher education. ...
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... Como puede observarse, cumplir con estos objetivos no es factible exclusivamente a partir de la introducción de tecnología (Kraus et al., 2022) (Feliciano-Cestero et al., 2023) (Rodríguez-Abitia & Bribiesca-Correa, 2021). En cambio, se precisa de una transformación profunda y duradera de la cultura de la organización, cuestión que trasciende con creces los aspectos humanos, tecnológicos e incluso los relacionados con la dirección y el liderazgo. ...
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