Transekonomika : Akuntansi, Bisnis dan Keuangan
Vol. 6 No. 2 (2026): March 2026

Transformational Leadership and Digital Transformation: Bridging Strategy and Culture in the Era of Industry 5.0

Iyer, Shankar Subramanian (Unknown)
Raji, Brinitha (Unknown)
Malhotra, Sangeeta (Unknown)



Article Info

Publish Date
29 Apr 2026

Abstract

Background: Digital transformation initiatives frequently fail despite substantial investments, with success rates remaining below 30% across industries. Objectives: This study investigated the critical determinants of successful digital transformation in Industry 5.0 contexts by integrating five theoretical frameworks to examine four key constructs: Transformational Leadership Attributes, Strategic Alignment and Vision, Organizational Culture for Innovation, and Human-Centric Design and Employee Readiness. Methods: Employing a qualitative, interpretivist multiple-case design, the study drew upon 18 semi-structured interviews conducted across three case entities, each featuring C-level executives and senior managers as informants. Analytical procedures followed Braun and Clarke’s six-stage framework for thematic analysis, applied to the transcribed corpus. Findings: Five overarching themes emerged: (1) Visionary Leadership as the Catalyst for Transformation, (2) Strategic Alignment and Agility, (3) Culture as the Foundation for Innovation, (4) Human-Centric Design and Employee Empowerment, and (5) Technology as an Enabler. Conclusion: This study provided the first qualitative, cross-national empirical evidence integrating all four determinants simultaneously in Industry 5.0 contexts, demonstrating that successful digital transformation requires synchronized orchestration of leadership vision, strategic agility, cultural readiness, and human-centric technology integration. The findings offer actionable insights for organizations navigating the industry 4.0 to 5.0 transition.

Copyrights © 2026






Journal Info

Abbrev

Transekonomika

Publisher

Subject

Economics, Econometrics & Finance

Description

Transekonomika : Akuntansi, Bisnis dan Keuangan, publish by Transpublika Research Center, for sources of information and communication for academics and observers about science and methodology. Published papers are the upshots of research, reflection, and actual critical studies with respect to the ...