From disruptively digital to proudly analog: A holistic typology of digital transformation strategies

Tekić, Željko; Koroteev, Dmitry

doi:10.1016/j.bushor.2019.07.002

Cited by 175 publications

(156 citation statements)

References 15 publications

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“…Some organizations see digital transformation as a medium to optimize business processes and reduce costs, while others view it as a prospect to design new value by providing services that do not exist [21]. Typically, digital technologies do not replace and displace existing components they rather enhance and digitize existing process transforming them into data sources and enabling innovations [22]. DT aims to provide significant changes through the combinations of computing, communication, information, and connectivity technologies [20].…”

Section: Digital Transformation Of Emobilitymentioning

confidence: 99%

Applying Enterprise Architecture for Digital Transformation of Electro Mobility towards Sustainable Transportation

Anthony

2020

Proceedings of the 2020 Computers and People Research Conference

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Electro Mobility (eMobility) involves deploying Information and Communication Technologies (ICT) and electric technologies in vehicles to enable electric propulsion of vehicles referred to as Electric Vehicles (EVs). EVs are key infrastructure for achieving a sustainable energy future since EV usage can support in achieving CO2 reduction. However, the deployment of EVs for eMobility is highly dependent on data integration of mobility solutions from different stakeholders involved in urban transportation. Respectively, data integration from different mobility services will result to cost reduction and create valued added services to citizens. Therefore, there is need to achieve data integration not only for physical systems but for all domains in providing mobility related services that can be synergically applied to citizens and stakeholders in order to develop innovative solutions at district and urban level. Therefore, this study adopts Enterprise Architecture (EA) for digital transformations of eMobility services for sustainable transportation. Action research methodology was employed and secondary data from the literature was presented in the industrial data space reference architecture to initially validate digital transformation of electro mobility. Findings from this study reveal that EA support digital transformation of eMobility in managing data integration to support cities to implement sustainable transportation services.

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Section: Digital Transformation Of Emobilitymentioning

confidence: 99%

Applying Enterprise Architecture for Digital Transformation of Electro Mobility towards Sustainable Transportation

Anthony

2020

Proceedings of the 2020 Computers and People Research Conference

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“…Consoli (2005) points that production, organization, consumption, and regulations are the main factors of the structural change in the banking sector, based on the Information and Communication Technologies (ICTs) theory. Finally, there are studies that use the good examples of disruption in other sectors (e.g., Airbnb, Uber etc), in order to reflect on the core components and approaches for successful transformation (e.g., Furr & Shipilov, 2019;Tekic and Koroteev, 2019).…”

Section: Theoretical Backgroundmentioning

confidence: 99%

“…Guinan et al (2019) also focus on the squads of ING but through the lens of customer experience and customer journey improvement. Tinkoff Bank is considered a notable example to understand how someone can build a digital bank in a traditional and bureaucratic market by paying attention to delivering an outstanding value proposition (Tekic and Koroteev, 2019). Other scholars use banks as rich case studies or they study the statistics in the banking sector to investigate customer adoption (Campbell and Frei, 2010 – Large US bank), organizational structure (Singh et al, 2019 – multiple case study) or the impact of digital technologies between competition and stability (Vives, 2019).…”

Section: Theoretical Backgroundmentioning

confidence: 99%

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Are incumbent banks bygones in the face of digital transformation?

Krasonikolakis

Tsarbopoulos²,

Eng

2020

Journal of General Management

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Digital transformation has received considerable scholarly attention in areas of management, business, information systems, information technology and marketing. In particular, retail banks have been at the forefront of technological revolution characterized by rapid deployment and innovation of digital services, exponential pace of change and innovative breakthroughs that alter conventional banking practice. However, the term digital transformation is often misunderstood as a straightforward deployment of the latest information communication technologies. In practice, technological investments entail not only risk but also require an understanding of the relationship between technological, organizational culture and institutional change within certain boundaries of regulatory framework. Digital transformation is far from simple, certain or predictable and likely to be disruptive or transformative with immutable impacts upon associated organizational outcomes related to technical capabilities and behaviours. The present study attempts to explore and develop a framework for understanding digital transformation by examining the development, deployment and use of digital technologies in retail banking. Within a social informatics perspective, this study examines the effects of digital technologies on retail banks operations, structure and capabilities of those who deploy, implement and use it. Using a grounded theory approach, the study explores theoretical constructs by reviewing the literature and analysing primary field data including data from retail banks and interviews with senior professionals. The findings provide the pitfalls and successful approaches towards the digital transformation journey. This includes the ordinary dilemmas that the managers face to deliver the projects at hand.

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“…From the point of view of digital transformation, some organizations can be attributed to the category of companies aimed at increasing efficiency, which use digital assets to increase the efficiency and speed of their business [13]; others relate to modernization-oriented companies that are building up new competencies to modernize their business [14]; still others are among the reformers that change their core business models to restructure their business [15]; finally, another category is industry pioneers who enter new markets or develop new industries [16].…”

Section: The Digitalization Indicators Of Russian Economy Show a Greamentioning

confidence: 99%

Digital Transformation Methodology of Industrial Enterprises

Сироткина¹,

Shkarupeta²,

Shalnev³

et al. 2020

Proceedings of the Russian Conference on Digital Economy and Knowledge Management (RuDEcK 2020)

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The digital transformation of production processes and business models, going hand in hand with the selection of appropriate technologies, can provide long-term solutions to the alarming economic problems of our time. The article raises theoretical and empirical issues related to the current and future state of industry before, during and after digital transformation. Under the digital transformation of industry, the authors of article understand the process of integrating digital technologies into all aspects of industry, requiring fundamental changes in technology, culture, operations and principles of creating new products and services. The study examined the content, goals and objectives, principles, main directions, tools and stages of digital transformation of industry. The systemic problems of digital transformation are identified, on the basis of which a general digital transformation scheme and digital business model are proposed. In the process of digital transformation, a special role is assigned to the head of digital transformation (CDTO. The presented developments will make it possible to comprehensively transform the industry on the basis of transition to new business models, communication channels with customers and suppliers, products, business and production processes, and corporate culture, which are based on fundamentally new approaches to data management using digital technologies, with the aim of significant increase of industrial efficiency and long-term sustainability.

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From disruptively digital to proudly analog: A holistic typology of digital transformation strategies

Cited by 175 publications

References 15 publications

Applying Enterprise Architecture for Digital Transformation of Electro Mobility towards Sustainable Transportation

Applying Enterprise Architecture for Digital Transformation of Electro Mobility towards Sustainable Transportation

Are incumbent banks bygones in the face of digital transformation?

Digital Transformation Methodology of Industrial Enterprises

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