Blockchain Technology Adaptation and Organizational Inertia

The rapid maturation of the blockchain technology offers organizations new opportunities never seen before to have an increased degree of openness, traceability, operational effectiveness, and novelty. Nonetheless, organizational inertia as a form of structural inflexibility, change resistance, legacy systems, and cultural conservatism, is one of the key obstacles to successful deployment of blockchain in global, African, West Africa, and Nigeria environment. This study will seek to explore how the adaptation of the blockchain technology interacts with the organizational inertia in terms of understanding of the factors that facilitate and/or hinder the blockchain technology adoption, the moderative effect of inertia and the organizational performance and sustainability implication importance. The conceptual research approach employed implies that using second-hand data sources, including journal articles, books, conference publications, and historical documentation, the research will be capable of synthesizing the knowledge available and spotting the gaps in the theoretical and empirical data. It has been analyzed that the main enablers of adoption of blockchain are organizational readiness, managerial support, and the flexibility of employees, whereas the established routines and resistance to changes are holding potential benefits back. The paper has suggested powerful change management tools that include leadership involvement, capacity building programs and policy frameworks to eliminate the problem of inertia and ensure successful integration of blockchain. The findings offer theoretical knowledge by combining Technology Acceptance Model (TAM), Resource-Based View (RBV) and Organizational Inertia Theory and practical recommendations for organizations, policymakers and those involved in building technology solutions for sustainable digital transformation.