What's Your Digital Business Model?: Six Questions to Help You Build the Next-Generation Enterprise Book + PRICE WATCH * Amazon pricing is not included in price watch

What's Your Digital Business Model?: Six Questions to Help You Build the Next-Generation Enterprise Book

Weill and Woerner provide a common language and a compelling framework to help companies assess the degree of threat to their business from digital disruption and, more importantly, to give them direction about what they should do. Proven approach. Drawing from more than 50 workshops with executive committees, leadership teams, and boards globally, the authors have identified what works in helping leaders make successful changes to their companies. Illustrative stories from global companies. The book will include personal stories from the many companies the authors have worked with and studied. The stories will describe how leaders are transforming their companies to thrive in a digital economy. A simple but powerful integrating framework based on top-performing companies. The authors introduce a single framework to help executives understand where they are and where they have to go, and what best practices will get them there. The framework was derived from studying top financial performers and will be referenced throughout the book, showing how newly introduced concepts are linked. Authoritative source. The book draws on the last 5 years of MIT CISR field-based research, executive education, facilitation, and advising. The authors have studied 50 companies with in-person interviews and over 1,000 companies using survey data. The authors empirically determine best practices and then translate them into advice for leaders using stories to motivate. Self-assessment tools to motivate change. The first three chapters end with self-assessment tools to help readers benchmark against top performers. The authors have translated MIT CISR research findings on best practices into self-assessment tools so readers can assess the case for action in their companies and identify where to start. Audience: All executives concerned with how their companies will thrive five years from now in an increasingly digital economy. The more than 10,000 executives that receive MIT CISR monthly research briefings and the more than 1,000 a year attending MIT CISR events. The audience of the more than 150 talks per year Peter and Stephanie give--many for MIT CISR patrons like Microsoft, IBM, BCG, and TCS. Managers in larger incumbent companies facing digital disruption from startups and other industry players stealing the best parts of their businesses. Board members, with their fiduciary responsibility, are increasingly important in the conversation about the role of digital in the enterprise--the future successes of their businesses are at stake. Announced first printing: 20,000 Laydown goal: 5,000Read More

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  • Foyles

    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.

  • 1633692701
  • 9781633692701
  • , Woerner, Stephanie
  • 8 May 2018
  • Harvard Business Review Press
  • Hardcover (Book)
  • 256
  • Illustrated
  • Book
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