Identified theme on governance components
| Components | Theme | Refined definition |
|---|---|---|
| Orientation | Business Strategy | Adoption of digital tools to achieve business goals such as increasing revenue and operational efficiency |
| Technology Trend | Awareness and adoption of emerging technologies to stay relevant and competitive | |
| Structural | Owner as Central Decision-Maker | The owner acts as the key decision-maker in adopting and implementing digital solutions |
| External Suggestion | Influence from external parties (e.g. family, friends, agents) encouraging digital adoption | |
| Procedural | Initiation | Initial interest in digital tools triggered by customer demand or external input |
| Evaluation | Consideration of benefits and risks before adopting a digital application | |
| Implementation | Practical steps taken to adopt digital tools, including self-learning or external help | |
| Post-Implementation Evaluation | Reflection on digital use effectiveness after implementation | |
| Relational | Customer | Customer demand as a key motivator for digital adoption |
| Family | Family support in introducing and assisting with digital technology | |
| Associate | Advice and information about digital solutions from nanostore colleagues | |
| Distributor | Guidance from suppliers or agents with prior digital experience | |
| Technology Provider | Support and resources provided by banks or platform vendors for digital adoption |
| Components | Theme | Refined definition |
|---|---|---|
| Orientation | Business Strategy | Adoption of digital tools to achieve business goals such as increasing revenue and operational efficiency |
| Technology Trend | Awareness and adoption of emerging technologies to stay relevant and competitive | |
| Structural | Owner as Central Decision-Maker | The owner acts as the key decision-maker in adopting and implementing digital solutions |
| External Suggestion | Influence from external parties (e.g. family, friends, agents) encouraging digital adoption | |
| Procedural | Initiation | Initial interest in digital tools triggered by customer demand or external input |
| Evaluation | Consideration of benefits and risks before adopting a digital application | |
| Implementation | Practical steps taken to adopt digital tools, including self-learning or external help | |
| Post-Implementation Evaluation | Reflection on digital use effectiveness after implementation | |
| Relational | Customer | Customer demand as a key motivator for digital adoption |
| Family | Family support in introducing and assisting with digital technology | |
| Associate | Advice and information about digital solutions from nanostore colleagues | |
| Distributor | Guidance from suppliers or agents with prior digital experience | |
| Technology Provider | Support and resources provided by banks or platform vendors for digital adoption |
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