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Digital Business Transformation
There is a great deal of hype these days about ‘digital transformation’ – the term is often used but rarely defined. And although it can be summarized simply as ‘organizational change through the use of digital technologies and business models to improve performance’ – Digital Business Transformation is far more than this – it generally implies a holistic reimagining of the entire enterprise to focus on the value delivered to customers.
Meanwhile, new digital competitors and start-ups focus on precisely that: the value delivered to the customer – be it cost value, experience value or platform value, and increasingly in combination. In such circumstances, tweaking an existing value chain is unlikely to be enough. To win in the Digital Vortex, companies must be dynamic enough to understand the risks disruptors pose to their business and bold enough to be able to grasp the requirement for their own digital transformation.
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For this tool to create value, it needs to recognise patterns and provide quality information. The artificial intelligence (AI) earthquake has take...
In the fall of 2022, an 18-year-old hacker bought stolen Uber employee credentials from the dark web. Even though they were still valid, multi-fact...
The increasing datafication of the workplace is often cast as a means of imposing organisational and managerial control on workers. This reflection...
Technological innovation, advances in remote work, and reshaped post-pandemic priorities have led to companies hiring fractional leaders, or part-t...
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in California Management Review Insights Blog 8 July 2024
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in Scandinavian Journal of Information Systems July 2024, vol. 36, no. 1, article 2
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in HBR.org 2 July 2024
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in I by IMD 27 June 2024
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Research Information & Knowledge Hub for additional information on IMD publications
in I by IMD 25 June 2024
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Research Information & Knowledge Hub for additional information on IMD publications
in I by IMD 14 June 2024
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