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Options for Formulating a Digital Transformation Strategy

RePEc: Research Papers in EconomicsPublished 1 June 2016Open access
Thomas Heß, Christian Matt, Alexander Benlian, Florian Wiesböck
Citations996
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TL;DR

This work describes how three German media companies successfully approached digital transformation and provides a list of 11 strategic questions and possible answers managers can use as guidelines when formulating a digital transformation strategy.

Abstract

CIOs and other senior executives face the challenge of how to handle the opportunities and risks of digital transformation. To help managers address this challenge more systematically, we describe how three German media companies successfully approached digital transformation. Based on their experiences, we provide a list of 11 strategic questions and possible answers managers can use as guidelines when formulating a digital transformation strategy.

Keywords

Business, Management and Accounting