Article: Confirmatory factor analysis of the adaptation guidelines to technology disruption problems Journal: International Journal of Business Continuity and Risk Management (IJBCRM) 2024 Vol.14 No.2 pp.139 - 158 Abstract: This research aimed to examine the second-order confirmatory factors of the adaptation guidelines to technology disruption problems of Thai financial institutions and to turn the efficient practices strategies into a guidelines model. This study was a qualitative and quantitative mixed method research. First, the quantitative data was gathered from 500 executives of Thai financial institutions via questionnaires. Then, descriptive, inference, and multivariate statistics were used to analyse the collected data. Finally, the empirical evidence data from Thai financial institutions were supported by the developed confirmatory factor and second-order confirmatory factor analysis models and passed the evaluation standards. As a result, the four latent variables comprising workforce management, competitiveness, resource management, and business development are suitable for Thai financial institutions' strategies to handle the technology disruption problems. Inderscience Publishers - linking academia, business and industry through research

Title: Confirmatory factor analysis of the adaptation guidelines to technology disruption problems

Authors: Chatchai Poungsuwan; Kanyarat Sukhawatthanakun; Raknarin Sanrach

Addresses: Business Computer Department, Faculty of Business Administration, King Mongkut's University of Technology North Bangkok, Thailand ' Business Administration Department, Faculty of Liberal Arts and Management Sciences, Kasetsart University, Chalermphrakiat Sakon Nakhon Province Campus, Thailand ' Industrial Business Administration Department, Faculty of Business Administration, King Mongkut's University of Technology North Bangkok, Thailand

Abstract: This research aimed to examine the second-order confirmatory factors of the adaptation guidelines to technology disruption problems of Thai financial institutions and to turn the efficient practices strategies into a guidelines model. This study was a qualitative and quantitative mixed method research. First, the quantitative data was gathered from 500 executives of Thai financial institutions via questionnaires. Then, descriptive, inference, and multivariate statistics were used to analyse the collected data. Finally, the empirical evidence data from Thai financial institutions were supported by the developed confirmatory factor and second-order confirmatory factor analysis models and passed the evaluation standards. As a result, the four latent variables comprising workforce management, competitiveness, resource management, and business development are suitable for Thai financial institutions' strategies to handle the technology disruption problems.

Keywords: adaptation guidelines; technology disruption problem; business development; Thai financial institutions; confirmatory factor analysis.

DOI: 10.1504/IJBCRM.2024.139037

International Journal of Business Continuity and Risk Management, 2024 Vol.14 No.2, pp.139 - 158

Received: 19 Jul 2023
Accepted: 07 Oct 2023
Published online: 10 Jun 2024 *

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Title: Confirmatory factor analysis of the adaptation guidelines to technology disruption problems

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