0000004728 00000 n SLOANREIEMITEDU EERT ROM OTIMIING YOUR DIGITAL BUSINESS MODEL SRING OL ISSUE SRING I S IW ASSESSING YOUR DIGITAL BUSINESS MODEL Use the following questions to help you and your colleagues prioritize the improvement to your digital business model. 0000001487 00000 n This book will help companies to take a hard look at their digital transformation strategies and show them how to win in the fourth industrial revolution. Jean-Pascal Tricoire, Chairman and CEO, Schneider Electric. Hardcover They don't know how to think about their digital business model. Digital business is distinct from e-business in that e-business typically leaves existing business models intact, merely using technology to gain efficiency or eliminate redundancies. And yet, while many leaders and managers recognize the threat from digital—and the potential opportunity--they lack a common language and compelling framework to help them assess it and … The book then sets out six driving questions, in separate chapters, that help managers and executives clarify where they are currently in an increasingly digital business landscape and highlight what's needed to move toward a higher-value digital business model. 0000007785 00000 n {i�S�jw�?���E�ˁ�����]���+:������\��o��+S����1�)=sݲ�6�`��[YqZs�Ia^,1���f� �c�@Ƞ��1��A@���C�l�"Y����8ç4T� Through research, teaching, and events, the center stimulates interaction among scholars, students, and practitioners. 0000026216 00000 n An essential decision guide to navigate digitization, ask the right questions, and make the right choices. It’s about mapping out how you will create ongoing value for your customers. %PDF-1.6 %���� 0000006346 00000 n In the rapidly changing digital economy, you can't succeed by merely tweaking management practices that led to past success. In this concise, practical book, MIT digital research leaders Peter Weill and Stephanie Woerner provide a powerful yet straightforward framework that has been field-tested globally with dozens of senior management teams. Based on years of study at the MIT Center for Information Systems Research (CISR), the authors find that digitization is moving companies' business models on two dimensions: from value chains to digital ecosystems, and from a fuzzy understanding of the needs of end customers to a sharper one. It is about the interaction and negotiations between, business, and things. And yet, while many leaders and managers recognize the threat from digital--and the potential opportunity--they lack a common language and compelling framework to help them assess it and guide them in responding. 0000010382 00000 n Based on a wealth of data points and real-life examples, this book offers practical, step-by-step tips to define and execute a winning digital transformation. 1 0000036015 00000 n Fomento Economico Mexicano, S.A.B., de C.V. Heineken International B.V. (Netherlands), Nomura Research Institute, Ltd. Systems Consulting Division (Japan), Schneider Electric Industries SAS (France), What's Your Digital Business Model? Six Questions to Help You Build the Next-Generation Enterprise. trailer <]>> startxref 0 %%EOF 189 0 obj <>stream 0000010447 00000 n 0000065973 00000 n 0000048033 00000 n A digital business model is such when digital technology helps enhance its value proposition. Commonwealth Superannuation Corp. (Australia). 0000012877 00000 n Digital transformation is not about technology—it's about change. From how the company acquires customers, to what product/service it provides. 0000007074 00000 n 0000011201 00000 n Creating a business model isn’t simply about completing your business plan or determining which products to pursue.
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