Digitalisation: prerequisites and challenges in modern conditions

Kadyrov Chechen State University, Sheripova Street, 32, 364024, Grozny, Russia

^* Corresponding author: zhanno44ka@mail.ru

Abstract

Digital transformation is becoming an integral part of modern business, opening up new opportunities, but also involving risks. This article presents a study of the risks of digital transformation, focusing on identifying key aspects and recommendations for effective management. The authors analysed cybersecurity, data management, changes in corporate culture, staff training and partnership development in the context of digital transformation. The findings revealed the need for an integrated approach to risk management that includes strategic planning, responding to changes in the environment, and ongoing staff training. The recommendations presented offer organisations the tools and approaches to successfully overcome the challenges of digital transformation and ensure sustainable growth in the digital age. The generalised approach to risk management presented in the article facilitates effective adaptation and innovative development in today's digital environment. In addition to analysing risks, the article also discusses the importance of strategic planning and developing flexible strategies to respond to changes in the digital environment. Particular attention is paid to managing change within an organisation and developing an innovation culture that facilitates successful adaptation to new technologies. The authors emphasise the importance of continuous training and development of employees so that they can effectively use digital tools and actively participate in the transformation process. In addition, the article discusses the implementation of effective risk monitoring and assessment systems that allow for the timely identification and management of potential threats.