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What's Your Digital Business Model? - Six Questions to Help You Build the Next-Generation Enterprise (Hardcover)
Loot Price: R663
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What's Your Digital Business Model? - Six Questions to Help You Build the Next-Generation Enterprise (Hardcover)
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Digital transformation is not about technology--it's about change.
In the rapidly changing digital economy, you can't succeed by
merely tweaking management practices that led to past success. 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. They don't know how to think about their digital
business model. 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. Looking at these dimensions in combination results in
four distinct business models, each with different capabilities.
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. Filled
with straightforward self-assessments, motivating examples, and
sharp financial analyses of where profits are made, this smart book
will help you tackle the threats, leverage the opportunities, and
create winning digital strategies.
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