Influences of Digital Innovations on Advisory Work in the Financial Services Sector

Research output: Contribution to journalArticleResearchpeer review

Authors

  • Theresa Eden
  • Oliver Werth
  • Davinia Rodriguez Cardona
  • Christoph Schwarzbach
  • Michael H. Breitner
  • Johann-Matthias Graf von der Schulenburg
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Details

Original languageEnglish
Pages (from-to)6-27
Number of pages22
JournalDie Unternehmung
Volume76
Issue number1
Publication statusPublished - 2022

Abstract

We explore the background, changes, and challenges of the
digital transformation of customer advisory in the financial services
sector resulting from the implementation of new technological solu-
tions. In addition, we examine the effects of the adoption of digital
innovations on advisory work. Building on insights drawn from a
multiple case analysis within two financial services providers and
using the Technology-Organization-Environment (TOE) framework
as the theoretical basis, our study identifies 13 factors that influence
advisory work when technological innovations are introduced. We
provide implications for financial services providers with regard to the
identified influencing factors. Our results and findings expand the
academic knowledge and understanding of the chances and challenges
in the context of introducing technological innovations for financial
advisory. Practitioners can use our insights for future implementations
of technical solutions supporting advisory work.

Cite this

Influences of Digital Innovations on Advisory Work in the Financial Services Sector. / Eden, Theresa; Werth, Oliver; Rodriguez Cardona, Davinia et al.
In: Die Unternehmung, Vol. 76, No. 1, 2022, p. 6-27.

Research output: Contribution to journalArticleResearchpeer review

Eden, T, Werth, O, Rodriguez Cardona, D, Schwarzbach, C, Breitner, MH & Graf von der Schulenburg, J-M 2022, 'Influences of Digital Innovations on Advisory Work in the Financial Services Sector', Die Unternehmung, vol. 76, no. 1, pp. 6-27. https://doi.org/10.5771/0042-059x-2022-1-6
Eden, T., Werth, O., Rodriguez Cardona, D., Schwarzbach, C., Breitner, M. H., & Graf von der Schulenburg, J.-M. (2022). Influences of Digital Innovations on Advisory Work in the Financial Services Sector. Die Unternehmung, 76(1), 6-27. https://doi.org/10.5771/0042-059x-2022-1-6
Eden T, Werth O, Rodriguez Cardona D, Schwarzbach C, Breitner MH, Graf von der Schulenburg JM. Influences of Digital Innovations on Advisory Work in the Financial Services Sector. Die Unternehmung. 2022;76(1):6-27. doi: 10.5771/0042-059x-2022-1-6
Eden, Theresa ; Werth, Oliver ; Rodriguez Cardona, Davinia et al. / Influences of Digital Innovations on Advisory Work in the Financial Services Sector. In: Die Unternehmung. 2022 ; Vol. 76, No. 1. pp. 6-27.
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