Business Management in the Digital Transformation Era: Effective Strategies for Achieving Competitive Advantage

Open Access
Article
Conference Proceedings
Authors: Zahra HamdaniAicha Dif

Abstract: Modern management thought has evolved significantly due to numerous scientific and intellectual contributions, propelling advancements in the field of management. In its contemporary sense, management involves the effective utilization of available resources to achieve organizational goals, guided by a set of prevailing modern strategies.Therefore, it’s essential that strategies be periodically evaluated and adapted to changes in the external environment. Consequently, the study of business strategies and competitive advantage is one of the most critical areas in business administration, given its direct impact on organizational success and sustainability.In today's rapidly changing business world, effective strategies and a competitive advantage are vital for the survival and growth of companies. These are enhanced through adaptation to shifts in markets, technologies, and consumer trends, providing valuable insights for decision-makers to make better strategic choices.Business strategies and competitive advantage are two fundamental concepts in the field of management, closely linked to organizational success and sustainability.

Keywords: Management, Business Strategies, Competitive Advantage, Decision, Value Creation, Digital Transformation …

DOI: 10.54941/ahfe1006311

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