Abstract:
The purpose of this study was to investigate the antecedents that facilitate the
successful implementation of finance technology innovations. The research setting was
delimited to innovations that need to be implemented within the context of a
Johannesburg-based South African bank. The study was grounded on a model for a
sustained corporate entrepreneurial strategy.
This was a qualitative methodology study employing the interpretivism paradigm
philosophy, and an inductive process for exploratory research purposes. Data were
collected through face-to-face semi-structured in-depth interviews and thematic analysis
was followed to derive insights.
The findings indicate technology as an external and internal environment foundational
condition. Furthermore, working on the advancement of technology is a fulfilling reward.
On the other hand, unmanaged unhealthy internal competition is likely to derail the
innovation implementation. A sample profile within a South African bank may present
limitations for the generalisability of the findings.
The practical implications for managers are that they should allocate resources to the
advancement of technology to attain an entrepreneurial strategy while minimising
unhealthy internal competition.
The research contributes to the body of knowledge with the proposition to extend the
model for sustaining a corporate entrepreneurial strategy. The proposal includes
recognising technology as both external and internal transformational triggers.
Secondly, technology is also an organisational antecedent.