Strategic integration: Exploring the intersection of technology, finance, and management in today’s business environment

Dharmananda M, Basil Mahmod Ali Defalla, Neha Purohit, Shailendra Kumar Singh, Biju Joseph, Mohanadasan T, Monika Mittal, Pooja Vyas

Article ID: 4871
Vol 8, Issue 8, 2024

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Abstract


In the dynamic contemporary business landscape, the convergence of technology, finance, and management plays a pivotal role in organizational success. This research explores the multifaceted realm of strategic integration, emphasizing the intricate balance between these domains. The background sets the stage, elucidating the historical evolution and growing relevance of this integration. Various research methodologies, including case studies, surveys, interviews, and data analysis, are used to investigate practical aspects. The study delves into the role of technology, emphasizing digital transformation, innovation, and IT infrastructure. It dissects financial management, focusing on decision-making, risk management, and capital allocation. Additionally, management and leadership are discussed, with an emphasis on change management, strategic leadership, and skill development. Challenges, such as cultural disparities and regulatory complexities, are scrutinized, alongside opportunities like improved decision-making and enhanced productivity. Real-world case studies illustrate success stories and lessons learned. The paper concludes with findings, implications for businesses and management, and practical recommendations for navigating this convergence. This research contributes valuable insights into performance and competitiveness, facilitating a better understanding of key performance metrics and positioning strategies in the digital age.


Keywords


strategy; integration; finance; management; technology; business

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DOI: https://doi.org/10.24294/jipd.v8i8.4871

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