Book ChapterDOI
Options for Formulating a Digital Transformation Strategy
TLDR
In this article, the authors describe how three German media companies successfully approached digital transformation and provide a list of 11 strategic questions and possible answers managers can use as guidelines when formulating a digital transformation strategy.Abstract:
CIOs and other senior executives face the challenge of how to handle the opportunities and risks of digital transformation. To help managers address this challenge more systematically, we describe how three German media companies successfully approached digital transformation. Based on their experiences, we provide a list of 11 strategic questions and possible answers managers can use as guidelines when formulating a digital transformation strategy.read more
Citations
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Journal ArticleDOI
Understanding digital transformation: A review and a research agenda
TL;DR: A framework of digital transformation articulated across eight building blocks is built that foregrounds digital transformation as a process where digital technologies create disruptions triggering strategic responses from organizations that seek to alter their value creation paths while managing the structural changes and organizational barriers that affect the positive and negative outcomes of this process.
Journal ArticleDOI
Building dynamic capabilities for digital transformation: An ongoing process of strategic renewal
TL;DR: It is revealed that digital transformation is an ongoing process of using new digital technologies in everyday organizational life, which recognizes agility as the core mechanism for the strategic renewal of an organization's business model, collaborative approach, and eventually the culture.
Journal ArticleDOI
Driving forces and barriers of Industry 4.0: Do multinational and small and medium-sized companies have equal opportunities?
Dóra Horváth,Roland Zs. Szabo +1 more
TL;DR: In this article, the authors applied a qualitative case study design involving 26 semi-structured interviews with leading members of firms, including chief digital officers and chief executive officers, and found that management desire to increase control and enable real-time performance measurement is a significant driving force behind Industry 4.0, alongside production factors.
Book ChapterDOI
Digital Transformation: A Literature Review and Guidelines for Future Research
TL;DR: The findings indicate that managers should adapt their business strategy to a new digital reality, which mainly results in the adaptation of processes and operations management.
Journal ArticleDOI
Digital transformation strategy making in pre-digital organizations: The case of a financial services provider
TL;DR: This model theorizes an integrated process/activity model that characterizes DTS formulation and implementation in pre-digital organizations and shows that the crafting of a DTS is a highly dynamic process involving iterating between learning and doing.
References
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Posted Content
Digital Transformation Strategies
TL;DR: In this paper, the authors propose a digital transformation strategy that serves as a central concept to integrate the entire coordination, prioritization, and implementation of digital transformations within a firm, which can be used to coordinate and prioritize the many independent threads of digital transformation.
Journal ArticleDOI
How Does IT Ambidexterity Impact Organizational Agility
TL;DR: It is proposed that IT ambidexterity enhances organizational agility by facilitating operational ambideXterity, and that the magnitude of facilitation depends on the level of environmental dynamism.
Journal Article
How DBS Bank Pursued a Digital Business Strategy.
TL;DR: To respond effectively to the threats and opportunities arising from digitalization, companies need a more holistic and integrated approach that develops capabilities in the areas of leadership, operations, customer needs and innovation.