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Delays in the completion of digital transformation projects in the South African banking sector

Dissertation (MBA)--University of Pretoria, 2023

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Main Author: Mokalapa, Matopo
Other Authors: Waugh, Beverley
Format: Thesis
Language:English
Published: University of Pretoria 2024
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access_status_str Open Access
author Mokalapa, Matopo
author2 Waugh, Beverley
author_browse Mokalapa, Matopo
Waugh, Beverley
author_facet Waugh, Beverley
Mokalapa, Matopo
author_sort Mokalapa, Matopo
collection Thesis
dc_rights_str_mv © 2023 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria.
description Dissertation (MBA)--University of Pretoria, 2023
format Thesis
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:37:05.077Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2024
publishDateRange 2024
publishDateSort 2024
publisher University of Pretoria
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spelling oai:repository.up.ac.za:2263/95840 Delays in the completion of digital transformation projects in the South African banking sector Mokalapa, Matopo Waugh, Beverley Digital transformation Project delays Banking Qualitative research Dissertation (MBA)--University of Pretoria, 2023 As the banking sector progressively adopts digital transformation as a core pillar for overall organisational strategies, the timely completion of digital transformation projects is becoming increasingly vital for organisational performance. Existing literature has highlighted the prevalence of delays in the completion of digital transformation projects and the problematic effects thereof, however, it does not adequately explain the factors that contribute to these delays in the South African banking sector. An understanding of these factors is crucial given the increasing technological adoption by the South African banking customers. The purpose of this research was to seek an understanding of the factors that contribute to delays in the completion of digital transformation projects in the South African banking sector. Thus, equipping the sector with the necessary knowledge to effectively mitigate the adverse effects associated with project time delays, thereby ensuring the enhancement of organisational performance. The research methodology employed was a qualitative, exploratory approach in order to acquire new insights. To enhance the understanding of this phenomenon, a total of 14 semi-structured, in-depth interviews were carried out with project managers who possess experience in digital transformation projects within the banking sector of South Africa and have encountered delays in project completion. The main findings suggest that in order to achieve timely and successful completion of digital transformation projects, it is essential for banks to sufficiently prepare their culture, processes, and employees for such projects. Moreover, the bank's strategy ought to include digital transformation as a fundamental component. Furthermore, there must be a governance framework for digital transformation projects that drives accountability and facilitates efficient project decision-making. Finally, the findings highlight the importance of top management in providing support for digital transformation projects in order to facilitate the attainment of elevated rates of digital adoption and seamless integration into existing organisational processes. The research findings confirm established digital transformation theories and introduce a South African banking perspective to the current body of literature. As a result, these findings could serve as a basis for the formulation of propositions. pagibs2024 2024-05-08T05:51:50Z 2024-05-08T05:51:50Z 2024-04-17 2024-04-17 Mini Dissertation * A2024 http://hdl.handle.net/2263/95840 en © 2023 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. application/pdf University of Pretoria
spellingShingle Digital transformation
Project delays
Banking
Qualitative research
Mokalapa, Matopo
Delays in the completion of digital transformation projects in the South African banking sector
title Delays in the completion of digital transformation projects in the South African banking sector
title_full Delays in the completion of digital transformation projects in the South African banking sector
title_fullStr Delays in the completion of digital transformation projects in the South African banking sector
title_full_unstemmed Delays in the completion of digital transformation projects in the South African banking sector
title_short Delays in the completion of digital transformation projects in the South African banking sector
title_sort delays in the completion of digital transformation projects in the south african banking sector
topic Digital transformation
Project delays
Banking
Qualitative research
url http://hdl.handle.net/2263/95840
work_keys_str_mv AT mokalapamatopo delaysinthecompletionofdigitaltransformationprojectsinthesouthafricanbankingsector