Peter Drucker stated that every organization needs a “theory of business.” Examining your enterprises’ business model theory of business is more relevant than ever as most enterprises are under threat from changing competitive conditions. Digitization looks at how your organization can enable new data flows, insights and capabilities as you converge fragmented business process. The goal is organizational agility to allow you to compete in new ways.
How do you prepare for this journey? Thankfully there are a lot of resources out there to help us. This is my list. Let me know if you have other resources.
Framework:
Digital Business Transformation is Organizational Change through the use of Digital Technologies and Business Models to Improve Performance.
Books:
Digital Vortex: How Today’s Market Leaders Can Beat Disruptive Competitors at Their Own GameJul 4, 2016
by Jeff Loucks and James Macaulay
Managing Information Technology for Business Value: Practical Strategies for IT and Business Managers (IT Best Practices series) Paperback – April, 2004
Articles:
http://www.strategyand.pwc.com/global/home/what-we-think/digitization
http://www.forbes.com/sites/gilpress/2015/12/27/a-very-short-history-of-digitization/#4f301d0625f1
http://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/accelerating-the-digitization-of-business-processes
Sites:
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