A Comparative Analysis of National Policies and Enterprise Practices for Enterprise Digital Transformation

Abstract

Under the current trend of the growing digital economy, the process of digital transformation is gaining significant importance. The disparity in government policy and business implementation of digital transformation is fairly notable. Anyway, there are still a bunch of problems emerging in this fast-developing era. The government has already implemented relevant policies to address these problems, such as attracting and training experts, enhancing digital infrastructure, and promoting data analysis. Following the outbreak of the Covid-19 pandemic, there has been a gradual shift towards digital transformation in the business sector. In order to facilitate a seamless transformation, it is imperative for the organization to ensure the reconstruction of its enterprise structure and update its corporate culture. The objective of this essay is to examine the extent to which business developments are in line with government policies. After conducting a comprehensive analysis and evaluating the data, the findings can be summarized in a framework table and presented through various charts that illustrate the methods used in Technology, Organization, and Environment (TOE) research. By making reference to the provided formula, a novel model can be formulated for the computation of the digital degree of enterprises. Additionally, we can construct a table based on the data and policies obtained from the business. Thus, according to a sample of 672 enterprises' annual reports submitted to the Shenzhen Trading Securities Exchange, we can conclude that government policies and enterprise developments encompass three fundamental dimensions: technology, organization, and environment. These dimensions are all essential components in the process of fostering digital transformation. Technology plays a crucial role in the digital transformation of enterprises, they need effective organizational management and the government has recognized this importance. Additionally, the government provides substantial support to businesses.