Strategic Management Control Instruments for Digital Business Models PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Strategic Management Control Instruments for Digital Business Models PDF full book. Access full book title Strategic Management Control Instruments for Digital Business Models by Robert Dasik. Download full books in PDF and EPUB format.
Author: Robert Dasik Publisher: GRIN Verlag ISBN: 3963551879 Category : Business & Economics Languages : en Pages : 31
Book Description
Seminar paper from the year 2023 in the subject Business economics - Controlling, grade: 1,0, Pforzheim University, course: Strategic Controlling, language: English, abstract: The purpose of this study is to examine the key contrasts between strategic control in digital and traditional company models. Furthermore, we will examine the most appropriate strategic control instruments for digital business models, as well as the main challenges that such a business model brings. Finally, we will discuss the strategic control instruments' strengths and weaknesses as well as proposed adjustments that could improve those strategic management control instruments. In the age of digital disruption, companies worldwide are negotiating an ever-evolving terrain, loaded with possibilities and problems. The fundamental transformations in customer behavior, technology, and worldwide connection have resulted in the era of digital business models, rendering old techniques of strategic management control ineffective. To succeed in this digital frontier, businesses need to harness a new set of instruments and strategies particularly adapted to the changing digital environment. The core of strategic management control in the context of digital business models focuses on an organization's ability to guide its operations and resources toward accomplishing long-term objectives while being agile in the face of quickly changing conditions. The fourth industrial revolution has created a perfect landscape for digital business models and certain challenges such as rapidly changing technologies, shorter product life cycles for digital products, and data overload. As a result, many digital business models fail because companies are unable to capitalize on the promised benefits of major investments in digital technologies.
Author: Robert Dasik Publisher: GRIN Verlag ISBN: 3963551879 Category : Business & Economics Languages : en Pages : 31
Book Description
Seminar paper from the year 2023 in the subject Business economics - Controlling, grade: 1,0, Pforzheim University, course: Strategic Controlling, language: English, abstract: The purpose of this study is to examine the key contrasts between strategic control in digital and traditional company models. Furthermore, we will examine the most appropriate strategic control instruments for digital business models, as well as the main challenges that such a business model brings. Finally, we will discuss the strategic control instruments' strengths and weaknesses as well as proposed adjustments that could improve those strategic management control instruments. In the age of digital disruption, companies worldwide are negotiating an ever-evolving terrain, loaded with possibilities and problems. The fundamental transformations in customer behavior, technology, and worldwide connection have resulted in the era of digital business models, rendering old techniques of strategic management control ineffective. To succeed in this digital frontier, businesses need to harness a new set of instruments and strategies particularly adapted to the changing digital environment. The core of strategic management control in the context of digital business models focuses on an organization's ability to guide its operations and resources toward accomplishing long-term objectives while being agile in the face of quickly changing conditions. The fourth industrial revolution has created a perfect landscape for digital business models and certain challenges such as rapidly changing technologies, shorter product life cycles for digital products, and data overload. As a result, many digital business models fail because companies are unable to capitalize on the promised benefits of major investments in digital technologies.
Author: Bernd W. Wirtz Publisher: Springer ISBN: 3030130053 Category : Business & Economics Languages : en Pages : 252
Book Description
The spread of the Internet into all areas of business activities has put a particular focus on business models. The digitalization of business processes is the driver of changes in company strategies and management practices alike. This textbook provides a structured and conceptual approach, allowing students and other readers to understand the commonalities and specifics of the respective business models. The book begins with an overview of the business model concept in general by presenting the development of business models, analyzing definitions of business models and discussing the significance of the success of business model management. In turn, Chapter 2 offers insights into and explanations of the business model concept and provides the underlying approaches and ideas behind business models. Building on these foundations, Chapter 3 outlines the fundamental aspects of the digital economy. In the following chapters the book examines various core models in the business to consumer (B2C) context. The chapters follow a 4-C approach that divides the digital B2C businesses into models focusing on content, commerce, context and connection. Each chapter describes one of the four models and provides information on the respective business model types, the value chain, core assets and competencies as well as a case study. Based on the example of Google, Chapter 8 merges these approaches and describes the development of a hybrid digital business model. Chapter 9 is dedicated to business-to-business (B2B) digital business models. It shows how companies focus on business solutions such as online provision of sourcing, sales, supportive collaboration and broker services. Chapter 10 shares insight into the innovation aspect of digital business models, presenting structures and processes of digital business model innovation. The book is rounded out by a comprehensive case study on Google/Alphabet that combines all aspects of digital business models. Conceived as a textbook for students in advanced undergraduate courses, the book will also be useful for professionals and practitioners involved in business model innovation, and applied researchers.
Author: Joe Peppard Publisher: John Wiley & Sons ISBN: 047003467X Category : Business & Economics Languages : en Pages : 504
Book Description
A comprehensively updated revision of a book regarded by many as one the leading and authoritative titles for practitioners, academics and students in the domain of information systems and technology (IS/IT) strategy. Presents a structured framework with tools, techniques and ways of thinking which provide a practical approach to building a digital strategy, expressed primarily in the language of business and management. Brings together the implications of the significant advances in IT and the most useful current thinking, research, and experiences concerning the business impact and strategic opportunities created by IS/IT. Peppard and Ward discuss the key questions that managers have to grapple with of where, when and how to invest in IS/IT, which is why a IS/IT (or digital) strategy is required.
Author: Andreas Hinterhuber Publisher: Routledge ISBN: 1000387844 Category : Business & Economics Languages : en Pages : 350
Book Description
This book provides practising executives and academics with the theories and best practices to plan and implement the digital transformation successfully. Key benefits: an overview on how leading companies plan and implement digital transformation interviews with chief executive officers and chief digital officers of leading companies – Bulgari, Deutsche Bahn, Henkel, Lanxess, L’Oréal, Unilever, Thales and others – explore lessons learnt and roadmaps to successful implementation research and case studies on the digitalization of small and medium-sized companies cutting-edge academic research on business models, organizational capabilities and performance implications of the digital transformation tools and insights into how to overcome internal resistance, build digital capabilities, align the organization, develop the ecosystem and create customer value to implement digital strategies that increase profits Managing Digital Transformation is unique in its approach, combining rigorous academic theory with practical insights and contributions from companies that are, according to leading academic thinkers, at the forefront of global best practice in the digital transformation. It is a recommended reading both for practitioners looking to implement digital strategies within their own organisations, as well as for academics and postgraduate students studying digital transformation, strategy and marketing.
Author: David S. Evans Publisher: MIT Press ISBN: 0262550687 Category : Business & Economics Languages : en Pages : 409
Book Description
Harnessing the power of software platforms: what executives and entrepreneurs must know about how to use this technology to transform industries and how to develop the strategies that will create value and drive profits. Software platforms are the invisible engines that have created, touched, or transformed nearly every major industry for the past quarter century. They power everything from mobile phones and automobile navigation systems to search engines and web portals. They have been the source of enormous value to consumers and helped some entrepreneurs build great fortunes. And they are likely to drive change that will dwarf the business and technology revolution we have seen to this point. Invisible Engines examines the business dynamics and strategies used by firms that recognize the transformative power unleashed by this new revolution—a revolution that will change both new and old industries. The authors argue that in order to understand the successes of software platforms, we must first understand their role as a technological meeting ground where application developers and end users converge. Apple, Microsoft, and Google, for example, charge developers little or nothing for using their platforms and make most of their money from end users; Sony PlayStation and other game consoles, by contrast, subsidize users and make more money from developers, who pay royalties for access to the code they need to write games. More applications attract more users, and more users attract more applications. And more applications and more users lead to more profits. Invisible Engines explores this story through the lens of the companies that have mastered this platform-balancing act. It offers detailed studies of the personal computer, video game console, personal digital assistant, smart mobile phone, and digital media software platform industries, focusing on the business decisions made by industry players to drive profits and stay a step ahead of the competition. Shorter discussions of Internet-based software platforms provide an important glimpse into a future in which the way we buy, pay, watch, listen, learn, and communicate will change forever. An electronic version of this book is available under a Creative Commons license.
Author: Ralf T. Kreutzer Publisher: Springer ISBN: 366256548X Category : Business & Economics Languages : en Pages : 274
Book Description
This book provides specialists and executives with a clear, yet practical set of recommendations to meet the challenges of digital transformation and ensure long-term success as a leader in a primarily digital business world. The authors describe the fundamental principles of digitization and its economic opportunities and risks, integrating them into a framework of classic and new management methods. The book also explores how increasing digitization – not only of communication, but of complete value chains – has led to a need to establish a digital business leadership. Digitization is changing people and markets: it causes the upheaval of entire industries, creates new digital-centric companies, and forces established companies to cope with the transformation activities associated with these digitization processes. New approaches and methods have to be learned, tried and tested patterns of thinking have to be explored, and last but not least, innovation activities have to be understood as continuous necessities. At the same time, digital business offers considerable opportunities for renewing competitive advantages, improving existing process structures and realigning products, services and business models.
Author: Daidj, Nabyla Publisher: IGI Global ISBN: 1466665149 Category : Business & Economics Languages : en Pages : 399
Book Description
Rapid technological advancements have the ability to positively or negatively impact corporate growth and success. Professional leaders and decision makers must consider such advancements when designing and implementing new policies in preparation for the sustainable future of the business environment. Developing Strategic Business Models and Competitive Advantage in the Digital Sector focuses on the application of preemptive planning in the media and entertainment industries to combat an increasingly uncertain future of innovation and competition. With research-based examples and analysis, this book is an essential reference source for academicians, researchers, and professionals interested in learning more about the impact of technology on industry success, including the changes and challenges created by the Internet and electronic media.
Author: Harvard Business Review Publisher: Harvard Business Press ISBN: 163369819X Category : Business & Economics Languages : en Pages : 166
Book Description
This big initiative could make or break this fiscal year--or your career. Managing a successful strategic initiative may be the key to transforming your company--and propelling your career forward. Yet running a cross-functional team on a high-profile project can present a multitude of challenges and risks, causing even the most experienced manager to struggle. The HBR Guide to Managing Strategic Initiatives provides practical tips and advice to help you manage all the stages of an initiative's life cycle, from buy-in to launch to scaling up. You'll learn how to: Win--and keep--support for your new initiative Move rapidly from approval to implementation Assemble transformative, high-performing initiative teams Maintain the confidence of sponsors and stakeholders Stay on schedule and within budget Avoid initiative overload by killing projects that aren't meeting business needs Keep multiple initiatives in strategic alignment Arm yourself with the advice you need to succeed on the job, from a source you trust. Packed with how-to essentials from leading experts, the HBR Guides provide smart answers to your most pressing work challenges.
Author: Ronny Baierl Publisher: Springer ISBN: 3030201384 Category : Business & Economics Languages : en Pages : 208
Book Description
Digital technologies have become a new economic and social force, reshaping traditional business models, strategies, structures, and processes. Digital entrepreneurship, which focuses on creating new ventures and transforming existing businesses by developing novel digital technologies or their novel usage, is seen as a critical pillar for economic growth, job creation, and innovation by many countries. Further, digital technologies have also enabled the growth of the sharing economy, linking owners and users and disrupting the previous dualism of businesses and customers.This volume discusses the management of new technology-based firms and technology projects initiated in academic or industrial contexts. The contributions feature new theoretical concepts, ethical considerations, empirical data analysis (qualitative and quantitative), archival and historical methods, design science approaches, action and field research, as well as management science methods, informatics and cybernetics.
Author: Robert Dasik
Author: Robert Dasik
Author: Bernd W. Wirtz
Author: Bernd W. Wirtz
Author: Joe Peppard
Author: Andreas Hinterhuber
Author: David S. Evans
Author: Ralf T. Kreutzer
Author: Daidj, Nabyla
Author: Harvard Business Review
Author: Ronny Baierl