Integrating Financial Techniques for Sustainable Futures: A Digital Transformation Perspective

Abstract

This study aims to explore the critical role of digital transformation in fostering sustainable futures within business and educational contexts. It emphasizes the integration of advanced digital technologies to enhance operational efficiency, optimize resource allocation, and promote a culture of continuous innovation. The study used a questionnaire to collect data from 228 Jordanians, using the Structural Equation Model – Partial Least Squares (SEM-PLS) to evaluate the research model and test hypotheses. The outcomes of the Smart PLS path analysis revealed that organizational support and infrastructure are identified as key moderating factors that influence the success of digital transformation initiatives. Leadership commitment, employee training, and technological resources are crucial for fostering an environment conducive to digital innovation. A robust digital infrastructure ensures seamless technology integration into workflows, maximizing its impact on sustainability. Furthermore, the study underscores the importance of a supportive regulatory environment to facilitate digital transformation. Digital transformation offers significant potential for driving sustainable futures in business and education. By embracing technological innovation and ensuring robust organizational support and infrastructure, organizations can navigate the complexities of the modern landscape and contribute to a more sustainable world. The findings provide valuable insights for practitioners, policymakers, and researchers, highlighting the multifaceted benefits of digital transformation and the critical factors influencing its success.

Received: 25 October 2024 | Revised: 28 November 2024 | Accepted: 22 January 2025

Conflicts of Interest 

The authors declare that they have no conflicts of interest to this work.

Data Availability Statement

The data that support this work are available upon reasonable request to the corresponding author.

Author Contribution Statement

Raed Alqirem: Conceptualization, Methodology, Investigation, Formal analysis, Investigation, Resources, Data curation, Writing - Original draft, Writing – review and editing, Visualization, Project administration. Ayman Abdalmajeed Alsmadi: Conceptualization, Methodology, Software, Validation, Investigation, Writing – Original draft, Writing – review and editing, Visualization, Supervision, Project administration.