• Corpus ID: 3820852

Critical Success Factors of Digital Business Strategy

@article{Holotiuk2017CriticalSF,
  title={Critical Success Factors of Digital Business Strategy},
  author={Friedrich Holotiuk and Daniel Beimborn},
  journal={Wirtschaftsinformatik und Angewandte Informatik},
  year={2017}
}
Digitalization does fundamentally impact firms’ strategy development. [] Key Result The discussion shows that academic research is lagging behind in contributing to DBS. Future research is suggested to further formalize the concept of DBS and to create a better understanding about how firms can successfully establish DBS.

Figures and Tables from this paper

Strategizing for Successful IT Projects in the Digital Era
The objective of this paper is to increase our understanding of how organizations strategize with a view to making their digital investments successful and the impact such digital strategies actually
The Impact of Digitization on Business Models - A Systematic Literature Review
TLDR
Findings reveal that the impact of digitization on business models can be described through the concept of business model change, namely: creation, termination, revision and extension.
Critical Success Factors for Digitalization Projects
TLDR
The results presented in this paper show that CSFs of the dimensions of Corporate organization and Technology are considered to be of particular relevance, as stated by the companies, with Corporate culture, Top management support, and a Unified digital corporate strategy / vision as the three most important CSFs.
Approaching Digitalization with Business Process Management
As digitalization sustainably alters industries and societies, small and medium-sized enterprises (SME) must initiate a digital transformation to remain competitive and to address the increasing
Success Factors of Process Digitalization Projects
  • Business
  • 2020
Digitalization entails substantial change for organizations. Novel products emerge, bringing about opportunities in each industrial sector. As things stand, many organizations not only struggle to
The OMC Approach - Towards a method for digital business strategy formulation
TLDR
This study aimed to address the caveat by standardising and codifying the OMC Approach, an approach that supports digital business strategy formulation that is currently applied in practice but is in need of more in-depth scientific research.
Managing Business Processes in the Age of Digital Transformation: A Literature Review
TLDR
A literature review reveals a growing number of papers published on the topic of digital transformation to the Business Process Management Journal, but the lack of case studies.
Success factors of process digitalization projects - insights from an exploratory study
PurposeIn an exploratory approach, the authors conducted a structured literature review to extract candidate process digitalization project (PDP) success factors (SFs) from the literature on business
Business/IT Integration: Challenging the Boundaries of Alignment
TLDR
This work challenges the boundaries of alignment by presenting the approach of business/IT integration considering IT functions as fully integrated into value creation processes and suggests rethinking former separation to overcome existing boundaries.
...
...

References

SHOWING 1-10 OF 49 REFERENCES
How DBS Bank Pursued a Digital Business Strategy
TLDR
To respond effectively to the threats and opportunities arising from digitalization, companies need a more holistic and integrated approach that develops capabilities in the areas of leadership, operations, customer needs and innovation.
Digital business strategy: toward a next generation of insights
TLDR
The time is right to rethink the role of IT strategy, from that of a functional-level strategy--aligned but essentially always subordinate to business strategy--to one that reflects a fusion between IT strategy and business strategy, herein termed digital business strategy.
Digital Business Strategy and IT Alignment
TLDR
This chapter explores the concept of Digital Business Strategy, while raising questions that will enable organizational survival in the face of incessant technological advancement.
Defining the Business Model in the New World of Digital Business
TLDR
This paper presents a classification of definitions found in the IS literature, proposing guidelines on which to develop a more comprehensive definition in order to reach consensus, and identifies the four main business model concepts and values and their interaction, and thus place the business model within the world of digital business.
Design Capital and Design Moves: The Logic of Digital Business Strategy
TLDR
This logic highlights the interplay between design moves and design capital in the context of digital business strategy and contributes to a growing body of insights that link the design of digital artifacts to competitive strategy and firm-level performance.
The Business Model: Recent Developments and Future Research
This article provides a broad and multifaceted review of the received literature on business models in which the authors examine the business model concept through multiple subject-matter lenses. The
Visions and Voices on Emerging Challenges in Digital Business Strategy
This section is a collection of shorter “Issue and Opinions” pieces that address some of the critical challenges around the evolution of digital business strategy. These voices and visions are from
What is Your Digital Business Strategy?
TLDR
Firms can overcome this hurdle by investing in digital literacy or ITracy-a new competence for success in the emerging economy.
Strategic Alignment: Leveraging Information Technology for Transforming Organizations
It is cleaaar that eventhough information technology (I/T) has evolved form its traditional orientation of administrative support toward a more strategic role within an organization, there is still a
Leveraging Digital Technologies: How Information Quality Leads to Localized Capabilities and Customer Service Performance
TLDR
A capabilities perspective is used to propose digital design as an antecedent to two customer service capabilities--namely, customer orientation capability and customer response capability--across a firm's CSUs, which will help a firm to locally sense and respond to customer needs.
...
...