Driving Digital Strategy

Driving Digital Strategy

Introduction: Framework for reinventing your business -- Part One.

Author: Sunil Gupta

Publisher: Harvard Business School Press

ISBN: 163369268X

Category: Business & Economics

Page: 256

View: 377

Digital transformation is no longer news. It is a necessity. Sunil Gupta, head of the digital transformation practice at Harvard Business School, provides a framework for large organizations to think through where and how to begin their transformation. Traditional boundaries of industries no longer define competition; businesses have to deal with partners who are both friends and enemies; competitive advantage does not come from low-cost or product differentiation strategies; how companies create and capture value is dramatically changing. This book shows how to rethink the four fundamental pillars of business to reinvent business for this new world. Business leaders, Gupta argues, need to reexamine four fundamental aspects of their business to thrive in the digital era--their business strategy, their value chain, their customers, and their organization. The book addresses questions that arise as companies navigate through this transition and provides a road map for this transformation. Filled with rich case studies and deep analysis, it shows how established firms can mitigate the threat as well as leverage the opportunities in the digital era.
Categories: Business & Economics

Driving Digital Strategy

Driving Digital Strategy

A Guide to Reimagining Your Business Sunil Gupta. rather than treating digital strategy as a separate exercise, you must embed it into the operations and DNA of your organization, in a way that touches all aspects of your business.

Author: Sunil Gupta

Publisher: Harvard Business Press

ISBN: 9781633692695

Category: Computers

Page: 288

View: 782

Digital transformation is no longer news--it's a necessity. Despite the widespread threat of disruption, many large companies in traditional industries have succeeded at digitizing their businesses in truly transformative ways. The New York Times, formerly a bastion of traditional media, has created a thriving digital product behind a carefully designed paywall. Best Buy has transformed its business in the face of Amazon's threat. John Deere has formed a data-analysis arm to complement its farm-equipment business. And Goldman Sachs and many others are using digital technologies to reimagine their businesses. In Driving Digital Strategy, Harvard Business School professor Sunil Gupta provides an actionable framework for following their lead. For over a decade, Gupta has studied digital transformation at Fortune 500 companies. He knows what works and what doesn't. Merely dabbling in digital or launching a small independent unit, which many companies do, will not bring success. Instead you need to fundamentally change the core of your business and ensure that your digital strategy touches all aspects of your organization: your business model, value chain, customer relationships, and company culture. Gupta covers each aspect in vivid detail while providing navigation tips and best practices along the way. Filled with rich and illuminating case studies of companies at the forefront of digital transformation, Driving Digital Strategy is the comprehensive guide you need to take full advantage of the limitless opportunities the digital age provides.
Categories: Computers

Navigating Digital Transformation in Management

Navigating Digital Transformation in Management

Retrieved May 31, 2020, from MIT Sloan Management Review website: https://sloanreview.mit.edu/article/how-todevelop-a-great-digital-strategy/ 6 Gupta, S. (2018). Driving digital strategy: A guide to reimagining your business.

Author: Richard Busulwa

Publisher: Taylor & Francis

ISBN: 9781000689501

Category: Business & Economics

Page: 370

View: 402

Navigating Digital Transformation in Management provides a thorough introduction to the implications of digital transformation for leaders and managers. The book clearly outlines what new or enhanced roles and activities digital transformation requires of them. The book takes a practical approach and shapes an actionable guide that students can take with them into their future careers as managers themselves. With core theoretical grounding, the book explains how the digital transformation imperative requires all organizations to continuously undertake digital business transformation to adapt to ongoing digital disruption and to effectively compete as digital businesses. The book discusses the critical roles managers need to play in establishing, facilitating, and accelerating the day-to-day activities required to build and continuously upgrade these capabilities. Drawing on cutting edge research, this textbook: • Explains how digital technology advancements drive digital disruption and why digital business transformation and operating as a digital business are critical to organization survival • Unpacks the different digital business capabilities required to effectively compete as a digital business • Considers the new or digitally enhanced competencies required of leaders, managers, and their supporting professionals to effectively play their roles in digital transformation • Discusses how leaders, managers, and their supporting professionals can keep up with digital technology advancements • Unpacks key digital technology advancements, providing a plain language understanding of what they are, how they work, and their implications for organizations. Enriched with pedagogical features to support understanding and reinforce learning, such as reflective questions, learning summaries, and case studies, and supported by a suite of instructor materials, this textbook is an ideal choice for teachers that want to enable their information systems, information technology, and digital business students to compete and thrive in the contemporary business environment.
Categories: Business & Economics

Hospitality Management and Digital Transformation

Hospitality Management and Digital Transformation

Retrieved May 31, 2020, from MIT Sloan Management Review website: https://sloanreview.mit.edu/article/how-todevelop-a-great-digital-strategy/ 6 Gupta, S. (2018). Driving Digital Strategy: A Guide to Reimagining Your Business.

Author: Richard Busulwa

Publisher: Routledge

ISBN: 9781000296754

Category: Business & Economics

Page: 242

View: 221

Hospitality managers are at a critical inflection point. Digital technology advancements are ramping up guest expectations and introducing nontraditional competitors that are beginning to disrupt the whole industry. The hospitality managers whose organizations are to thrive need to get their organizations into a position where they can effectively leverage digital technologies to simultaneously deliver breakthroughs in efficiency, agility, and guest experience. Hospitality Management and Digital Transformation is a much-needed guidebook to digital disruption and transformation for current and prospective hospitality and leisure managers. The book: • Explains digital technology advancements, how they cause disruption, and the implications of this disruption for hospitality and leisure organizations. • Explains the digital business and digital transformation imperative for hospitality and leisure organizations. • Discusses the different digital capabilities required to effectively compete as a digital business. • Discusses the new and/or enhanced roles hospitality and leisure managers need to play in effecting the different digital capabilities, as well as the competencies required to play these roles. • Discusses how hospitality and leisure managers can keep up with digital technology advancements. • Unpacks more than 36 key digital technology advancements, discussing what they are, how they work, and how they can be implemented across the hospitality and leisure industry. This book will be useful for advanced undergraduate and postgraduate students studying strategic management, IT, information systems, or digital business–related courses as part of degrees in hospitality and leisure management; as well as practitioners studying for professional qualifications.
Categories: Business & Economics

Digital Transformation in Accounting

Digital Transformation in Accounting

Digital business strategy: Toward a next generation of insights. MIS quarterly, 37(2), 471–482. 2 Bharadwaj, A., El Sawy, ... Driving digital strategy: A guide to reimagining your business. Harvard Business Press. 7 Gupta, S. (2018).

Author: Richard Busulwa

Publisher: Routledge

ISBN: 9781000383263

Category: Business & Economics

Page: 298

View: 519

Digital Transformation in Accounting is a critical guidebook for accountancy and digital business students and practitioners to navigate the effects of digital technology advancements, digital disruption, and digital transformation on the accounting profession. Drawing on the latest research, this book: Unpacks dozens of digital technology advancements, explaining what they are and how they could be used to improve accounting practice. Discusses the impact of digital disruption and digital transformation on different accounting functions, roles, and activities. Integrates traditional accounting information systems concepts and contemporary digital business and digital transformation concepts. Includes a rich array of real-world case studies, simulated problems, quizzes, group and individual exercises, as well as supplementary electronic resources. Provides a framework and a set of tools to prepare the future accounting workforce for the era of digital disruption. This book is an invaluable resource for students on accounting, accounting information systems, and digital business courses, as well as for accountants, accounting educators, and accreditation / advocacy bodies.
Categories: Business & Economics

Impact of Digital Transformation on the Development of New Business Models and Consumer Experience

Impact of Digital Transformation on the Development of New Business Models and Consumer Experience

Harvard Business Review. Retrieved from https://hbr.org/2017/01/a-good-digital-strategy-creates-a-gravitational-pull Carr, N. G. (2003). IT Doesn't Matter. ... Driving Digital Strategy: A Guide to Reimagining Your Business.

Author: Rodrigues, Maria Antónia

Publisher: IGI Global

ISBN: 9781799891819

Category: Business & Economics

Page: 347

View: 708

In a highly competitive market, digital transformation with internet of things, artificial intelligence, and other innovative technological trends are elements of differentiations and are important milestones in business development and consumer interaction, particularly in services. As a result, there are several new business models anchored in these digital and technological environments and new experiences provided to services consumers and firms that need to be examined. Impact of Digital Transformation on the Development of New Business Models and Consumer Experience provides relevant theoretical and empirical research findings and innovative and multifaceted perspectives on how digital transformation and other innovative technologies can drive new business models and create valued experiences for consumers and firms. Covering topics such as business models, consumer behavior, and gamification, this publication is ideal for industry professionals, managers, business owners, practitioners, researchers, professors, academicians, and students.
Categories: Business & Economics

Challenges and Opportunities of Corporate Governance Transformation in the Digital Era

Challenges and Opportunities of Corporate Governance Transformation in the Digital Era

Driving Digital Strategy : A Guide to Reimaging Your Business . Harvard Business Review Press . Retrieved from http://en.wikipedia.org/wiki/Intangible_asset Gupta , S. ( 2018 ) . Driving Digital Strategy . A guide to reimagining your ...

Author: Kuznetsov, Mikhail Yevgenievich

Publisher: IGI Global

ISBN: 9781799820130

Category: Business & Economics

Page: 230

View: 485

While corporate governance has been a successful concept throughout the centuries, it is in question whether this concept can remain sustainable in the digital era and during a time of technological and managerial disruption. Under the pressure of new economic, social, and ecologic challenges, it is vital to understand how this concept needs to transform. Challenges and Opportunities of Corporate Governance Transformation in the Digital Era is an essential reference source that discusses concepts, trends, and forecasts of corporate governance and examines its transformation under the pressure of new technologies and economic changes. Featuring research on topics such as corporate identity, e-commerce, and cost management, this book is ideally designed for corporate leaders, managers, executives, business professionals, consultants, professors, researchers, and students.
Categories: Business & Economics

Digital Transformation Strategies

Digital Transformation Strategies

Ambidextrous organization: The ability to simultaneously pursue both incremental and discontinuous innovation, from hosting multiple contradictory structures, ... Driving digital strategy: A guide to reimagining your business.

Author: Srinivas R. Pingali

Publisher: SAGE Publishing India

ISBN: 9789391370350

Category: Business & Economics

Page: 333

View: 583

This textbook offers a unique combination of theory, practical applications and case studies on digital transformation strategies. Digital transformation is the process of changing conventional business models enabled by digital technologies. This involves strategically deploying digital technologies to create differential value of an organization. Digital transformation encompasses strategy changes, business model innovation, product and process innovation, and organizational innovation, all wrapped in a layer of newer technologies. This textbook helps define transformation and digitalization and contrasts them with digitization and automation. The book also presents a comprehensive digital strategy framework and describes each of its elements through several examples and exhibits. It provides useful insights into industry-specific cases, suggests detailed templates for digital implementation, and describes the risks in execution of digitalization and potential mitigation strategies. Key Features: • Covers all the key aspects of digital transformation required to build a career in consulting and implementation of digital strategy in business • Cases and examples from multiple industrial sectors to aid understanding of real-life practices and implementation of digital transformation • Structured in a reader-friendly manner to engage students, instructors, and junior and mid-level executives • Assumes no prior understanding of strategy, product development or process innovation
Categories: Business & Economics

Innovations in Smart Cities Applications Edition 3

Innovations in Smart Cities Applications Edition 3

Gupta, S.: Driving Digital Strategy: A Guide to Reimagining Your Business. Harvard Business Review Press, Boston (2018) Westerman, G., Calméjane, C., Bonnet, D., Ferraris, P., McAfee, A.: Digital transformation: a roadmap for ...

Author: Mohamed Ben Ahmed

Publisher: Springer Nature

ISBN: 9783030376291

Category: Technology & Engineering

Page: 1266

View: 252

This book highlights original research and recent advances in various fields related to smart cities and their applications. It gathers papers presented at the Fourth International Conference on Smart City Applications (SCA19), held on October 2–4, 2019, in Casablanca, Morocco. Bringing together contributions by prominent researchers from around the globe, the book offers an invaluable instructional and research tool for courses on computer science, electrical engineering, and urban sciences. It is also an excellent reference guide for professionals, researchers, and academics in the field of smart cities. This book covers topics including: • Smart Citizenship • Smart Education • Digital Business and Smart Governance • Smart Health Care • New Generation of Networks and Systems for Smart Cities • Smart Grids and Electrical Engineering • Smart Mobility • Smart Security • Sustainable Building • Sustainable Environment
Categories: Technology & Engineering

Collaborative Networks in Digitalization and Society 5 0

Collaborative Networks in Digitalization and Society 5 0

Senyo, P.K., Liu, K., Effah, J.: Digital business ecosystem: literature review and a framework for future research. Int. J. Inf. Manage. 47, 52–64 (2019) 10. Gupta, S.: Driving Digital Strategy: A Guide to Reimagining your Business.

Author: Luis M. Camarinha-Matos

Publisher: Springer Nature

ISBN: 9783031148446

Category: Business enterprises

Page: 695

View: 396

This book constitutes the refereed proceedings of the 23rd IFIP WG 5.5 Working Conference on Virtual Enterprises, PRO-VE 2022, held in Lisbon, Portugal, in September 2022. The 55 papers presented were carefully reviewed and selected from 119 submissions. They provide a comprehensive overview of major challenges and recent advances in various domains related to the digital transformation and collaborative networks and their applications with a strong focus on the following areas related to the main theme of the conference: sustainable collaborative networks; sustainability via digitalization; analysis and assessment of business ecosystems; human factors in collaboration 4.0; maintenance and life-cycle management; policies and new digital services; safety and collaboration management; simulation and optimization; complex collaborative systems and ontologies; value co-creation in digitally enabled ecosystems; digitalization strategy in collaborative enterprises networks; pathways and tools for DIHs; socio-technical perspectives on smart product-service systems; knowledge transfer and accelerated innovation in FoF; interoperability of IoT and CPS for industrial CNs; sentient immersive response network; digital tools and applications for collaborative healthcare; collaborative networks and open innovation in education 4.0; collaborative learning networks with industry and academia; and industrial workshop.
Categories: Business enterprises