digital innovation

This article examined the organizational ambidexterity model for digital innovation in the banking industry and explained the dimensions of the ambidexterity model in this organization. Regarding intense competition and rapid changes and variations in products, processes, and technologies in today's world, organizations and managers must be ambidextrous to remain successful over time; Ambidexterity means the ability to simultaneously succeed in two contradictory abilities, for example, ambidexterity such as taking advantage of present opportunities, and discovering and creating new opportunities for the future, adaptation, alignment, flexibility, and efficiency. But the key questions are “what are the dimensions and components of organizational ambiguity?”, and “What is the current and favorable situation of Saderat Bank of Iran in this regard? Orienting an organization as an integrated set in order to reach ambidexterity and sustain it requires a set of causal, contextual, interventional, and strategic factors which ultimately lead to the consequences of organizational ambiguity. This study identified the dimensions and components of organizational ambidexterity through reviewing the literature on organizational ambidexterity as well as interviewing an expert group and analyzing their viewpoints. Then, by distributing a researcher-made questionnaire and statistical analysis, it examined the research pattern in the current and desirable situation of the organization.

Technological advancement in recent years has compelled central banks to look for new ways to effectively provide payment systems that are fast and more convenient compared to traditional paper-based payment systems. It has led to the birth of the concept of digital currencies issued solely by central banks called Central Bank Digital Currency (CBDC). As this concept is relatively new, there is ongoing research being conducted by several central banks worldwide, and while the research work done thus far has answered many questions, there remains a number of unsettled issues and questions. This paper aims to delve into the literature on this concept and focus on several key questions like the reasons for issuing digital currency, payment systems efficiency, and the advantages and disadvantages of digital currencies issued by central banks. Answering these questions could substantially help figure out the usefulness of creating a new payment method alongside the current payment system. However, extensive future research is required for a comprehensive understanding the effectiveness and usefulness of digital currencies.