Preparing Organizations for the Digital and AI-Driven Economy: Building Dynamic Capabilities Through Continuing Education

Abstract

This article examines the role of continuing education in fostering the development of dynamic capabilities essential for navigating the demands of a digital and AI-driven economy. Through a qualitative analysis of reflections from participants enrolled in university-level programs on digital transformation and artificial intelligence (AI) in Norway, the research identifies three core dynamic capabilities cultivated through these programs: (i) the ability to sense and recognize digital opportunities, (ii) the capacity to seize these opportunities by applying theoretical insights and practical tools to organizational challenges, and (iii) the competence to transform and reconfigure organizational strategies to drive digital transformation. The findings highlight the value of integrating theoretical frameworks with practical applications to enhance professional practice and organizational adaptability. This study contributes to the literature on lifelong learning and dynamic capabilities by demonstrating how continuous education can enable individuals and organizations to remain competitive in dynamic and technologically complex business environments.



Author Information
Siw M. Fosstenløkken, Oslo Metropolitan University, Norway
Annita Fjuk, Digital Norway, Norway

Paper Information
Conference: ACE2024
Stream: Adult

This paper is part of the ACE2024 Conference Proceedings (View)
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Posted by James Alexander Gordon