DIGITRANS – OPPORTUNITIES OF DIGITAL TRANSFORMATION – FORMS OF DIGITALIZATION ALONG THE VALUE CHAIN – 21.03.2018
In today’s fast-moving economy business eventually needs to adapt their business model to digital influences and take advantage of all the possible potentials that come with it. The increasing impact of digitalization on the corporate environment promises not only new opportunities for the development and innovation of business models but also new value creation potentials.
In the long-term product and process innovations will not secure long-term competitiveness, but business model innovations that capitalize on digital products, services, and processes. Therefore, it is worthwhile to shed light on the two different objectives of innovations. The business model evolution enhances the previous business model whereas the business model disruption aims to break out of the dominant industrial logic. Within this context, one often speaks of sustaining and disruptive changes, which contain different potentials for the business model. In particular, disruptive or so-called revolutionary changes to the business model can lead to promising corporate success. However, it is also more difficult for companies to identify and implement them.
As such changes rarely happen overnight, stages of development towards a business model which is enriched by digital technologies and application or even a fully digital business model can be defined.
DIGITRANS – DIGITAL TRANSFORMATION BUSINESS CASE – 07.02.2018 DIGITRANS – BUSINESS MODEL WORKSHOP – VK SINDELFINGEN GGMBH (HEALTH CARE SECTOR) – 10.04.2018
Comments are currently closed.