How Big Old Companies Navigate Digital Transformation
Open accessAbstract
New digital technologies present both game-changing opportunities for—and existential threats to—companies whose success was built in the pre-digital economy. This article describes our findings from a study of 25 companies that were embarking on digital transformation journeys. We identified two digital strategies—customer engagement and digitized solutions—that provide direction for a digital transformation. Two technology-enabled assets are essential for executing those strategies: an operational backbone and a digital services platform. We describe how a big old company can combine these elements to navigate its digital transformation.
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Digital transformation is intrinsically linked to strategic changes in business models.
“Due to the implementation of digital technologies, digital transformation is intrinsically linked to strategic changes in business models (Sebastian et al., 2020).”
From Exploring Human Resource Management Digital Transformation in the Digital Age (2024) · cites this paper as Sebastian et al., 2020
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- Authors
- Sebastian, I. M., Ross, J. W., Beath, C., Mocker, M., Moloney, K. G., & Fonstad, N. O.
- Affiliations
- Massachusetts Institute of Technology (US)
- The University of Texas at Austin (US)
- Reutlingen University (DE)
- Venue
- Strategic Information Management
- Publisher
- Routledge
- Published
- 2020-04-08
- Pages
- 133-150
- OpenAlex
- W2756653637
- Cited by
- 1,043
- References
- 0
- Citations by year
- 2026: 37 · 2025: 129 · 2024: 177 · 2023: 234 · 2022: 149 · 2021: 137 · 2020: 111 · 2019: 50 · 2018: 17 · 2017: 1
- FWCI
- 450.68
- Type
- book chapter
- Language
- en
- Open access
- bronze
- doi.org
- Locations
- Routledge eBooks (publishedVersion)
- Reutlingen University Academic Bibliography (Reutlingen University) (submittedVersion, other-oa)
- Journal of the Association for Information Systems (submittedVersion)
- Topics
- Social Sciences › Business, Management and Accounting › Management of Technology and Innovation › Digital Innovation in Industries
- Social Sciences › Business, Management and Accounting › Management Information Systems › Information Technology Governance and Strategy
- Social Sciences › Business, Management and Accounting › Organizational Behavior and Human Resource Management › Corporate Management and Leadership
- Keywords
- digital transformation, large corporations, digital strategy, customer engagement, digital economy
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