Digital Business Transformation (original) (raw)
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This paper presents some current challenges facing the digital transformation process in business. First, we'll introduce the fundamental laws of technology that underpin today's business disruptions and outline some of the economics behind them. The paper then dives deeper into a smaller group of high-profile digital technologies to understand how they work, their specific dynamics, business impact, and associated challenges. Finally, we will show how businesses can put together a digital transformation program from business strategy to organization and technology.
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There was a time in business, where business as usual was good enough. Now no more. Where we are going good enough is dead and dying. In a world where everything is connected, there is only one major space to innovate, which is the digital transformations inside the organization. The organizations which are not digitally transforming are getting out of business. The research paper aims to identify, describe the impact of digital transformation of business in India and describe the key drivers of strategic business management development in the light of the recent waves of digital transformation. This research paper presents an overview of the existing literature, which is there concerning digital transformation. The research results from professional associations as well as the existing body of the recognized publishers were considered for making the research. Furthermore, we have conducted expert interviews as well as the market data where it was available. Keywords⸻ digital transf...
stage from the very beginning. They both have my enduring gratitude. My editor, Bridget Flannery-McCoy, provided invaluable feedback in crafting the pitch and structure of the book. Rita Gunther McGrath, a fellow faculty member and co-conspirator at Columbia Business School, provided both rich intellectual inspiration for many ideas and critical feedback towards the end of the writing process, helping me hone the book's focus and core message. Karen Vrotsos was the perfect editor of the final draft, sharpening each turn of phrase, tightening the prose, and ensuring that every idea would be clear to readers approaching it for the first time. Columbia Business School has been the greenhouse for my work for over fifteen years. Mike Malefakis has been a great champion of my teaching as a member of the Executive Education faculty. Bernd Schmitt and Matthew Quint supported my research at the Center on Global Brand Leadership for many years. Schmitt and my speaking agent, Tom Neilssen, provided excellent advice during the initial planning of the book. Alisa Ahmadian contributed expert background research, and Oded Naaman designed the playbook's five handsome icons. Stephen Wesley at Columbia University Press and Ben Kolstad at Cenveo answered all my questions and worked arduously to keep the publication on track at every perilous turn of the process. Lastly, I thank my wife, Karen, and son, George. They kept me going, inspired my creativity, and picked up my slack during the weeks I spent absorbed in writing. Their love is the inspiration behind all my work.
Business Models in the Conditions of Digital Transformation
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The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use.
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As a catalyst for positive and radical change, digital transformation represents a complex issue that affects people from all walks of life and the whole economy. The objective and ultimate aim of this procedure are efficient business processes as well as operations through rigorous use of ICT. The study topic of this research paper is the key attributes and challenges of the digital transformation process of business in both the private and public sectors. This paper analysis shows that some aspects, like the pace of transformation, the culture and working environment, viewpoint are substantially underdeveloped. More precisely this document is intended to place the current knowledge about the subject in order. We introduce a systematic analysis of scientific and technical literature regarding how digital transformation facilitates business, we demonstrate that the knowledge regarding how digital transformation assists in the business. Moreover, key attributes and challenges within this topic are emphasized. Furthermore, the research paper provides the roadmap for digital transformation.