HomeResearch & Knowledgeback to HomeDigitalback to Research & KnowledgeDigital Business Transformationback to Digital

Report

Digital Business Transformation

A Conceptual Framework

By Michael R. Wade

16 pages

June 2015

Download full report

PRINTABLE PDF – 4MB

There is a great deal of hype these days about ‘digital transformation’ – the term is often used but rarely defined. And although it can be summarized simply as ‘organizational change through the use of digital technologies and business models to improve performance’ – Digital Business Transformation is far more than this – it generally implies a holistic reimagining of the entire enterprise to focus on the value delivered to customers.

Meanwhile, new digital competitors and start-ups focus on precisely that: the value delivered to the customer – be it cost value, experience value or platform value, and increasingly in combination. In such circumstances, tweaking an existing value chain is unlikely to be enough. To win in the Digital Vortex, companies must be dynamic enough to understand the risks disruptors pose to their business and bold enough to be able to grasp the requirement for their own digital transformation.

Contact

Research Information & Knowledge Hub for additional information on IMD publications

Keep reading

Article

The anatomy of family business conflict

Understanding conflict in family businesses is a complex but essential study area for practitioners and academics. To enhance theoretical precision and provide practical insights, this article presents a comprehensive framework of family business ...

Customer Centricity Family Business

By Marco Mismetti, Barbara Del Bosco, Cristina Bettinelli and Alfredo De Massis

in Journal of Family Business Strategy

June 2025, vol. 16, no. 2, 100660, https://doi.org/10.1016/j.jfbs.2025.100660

Article

Banking Digital Transformation - Architects of Change

Raiffeisen Bank International's Sabine Abfalter explores how finance leaders can drive banking digital transformation with bold vision as architects of change.

Business Transformation Digital Leadership Negotiation

in I by IMD

Article

No going back: Preparing for the hybrid future of work

Hybrid work is here to stay. Prof. Manju Ahuja explores why flexibility, tech, and talent trends mean the future of work won’t return to the pre-pandemic norm.

General Management Human Resources Innovation Team Dynamics Technology Management

By Manju Ahuja

in I by IMD

Article

Leading Global Operations - Complexity and Change

Leading global operations through complexity and change in 2025 means embracing AI and ML to streamline supply chains and meet rising demands.

Artificial Intelligence Digital Leadership Strategy Supply Chain

By Ralf W. Seifert and Katrin Siebenbürger Hacki

in I by IMD

Article

6 ways to attract and retain female tech talent 

McKinsey estimates there will be a tech talent gap of between 1.4 and 3.9 million in Europe by 2027. Doubling the number of women in the field is a major part of the solution. Sarah E. Toms suggests ways tackle the alarming gender disparity.

Technology Management Diversity and Equity and Inclusion

By Sarah E. Toms

in I by IMD Brain Circuits

29 April 2025

Article

Detroit Entrepreneurship - Motor City Innovation

Regional developers have tried and failed to emulate Silicon Valley’s VC-driven model for innovation. Detroit Entrepreneurship is following an alternative route.

Entrepreneurship Innovation Technology Management

By Jerry Davis

in I by IMD

Article

Easter egg hunt: How Trump’s trade policy has businesses scrambling for loopholes

“You don’t exit China, you hide it—like colorful eggs.” That’s what a top executive at a European multinational told me, just days after President Trump’s April 2025 bombshell: a new national economic emergency order that slapped a 10 percent tari...

Technology Management Supply Chain

By Howard H. Yu

in Inc.

19 April 2025

Article

So, what are these AI skills? - Frederik Anseel

AI is reshaping careers, but future-proof skills aren’t what you think. Vision, expertise, and deep knowledge - not hype - are key to success in an AI world.

Artificial Intelligence Decision Making Innovation Technology Management

By Frederik Anseel

in I by IMD

Article

China's technology sector - AI innovation

China's technology sector leads global innovation with AI, semiconductor growth, and strategic diversification. R&D investments fuel success amid regulatory challenges.

Artificial Intelligence Digital Innovation Technology Management

By Mark J. Greeven and Sophie Liu

in I by IMD

Article

Are you unlocking deep tech’s potential? A guide for corporates

Deep tech is often described as a “first-of-a-kind” innovation built on cutting-edge research, such as new materials, synthetic biology, fusion energy, and quantum computing. Unlike consumer products or digital offerings, deep tech is typically to...

Technology Management Artificial Intelligence

By Tomoko Yokoi

in I by IMD Brain Circuits

9 April 2025

The anatomy of family business conflict

By Marco Mismetti Barbara Del Bosco Cristina Bettinelli and Alfredo De Massis
in Journal of Family Business Strategy June 2025, vol. 16, no. 2, 100660, https://doi.org/10.1016/j.jfbs.2025.100660

Summary

Contact

Research Information & Knowledge Hub for additional information on IMD publications

Related topics

Customer Centricity

Family Business

Browse all topics

Banking Digital Transformation - Architects of Change

in I by IMD

Summary

Raiffeisen Bank International's Sabine Abfalter explores how finance leaders can drive banking digital transformation with bold vision as architects of change.

Contact

Research Information & Knowledge Hub for additional information on IMD publications

Related topics

Business Transformation

Digital

Leadership

Negotiation

Browse all topics

No going back: Preparing for the hybrid future of work

By Manju Ahuja
in I by IMD

Summary

Hybrid work is here to stay. Prof. Manju Ahuja explores why flexibility, tech, and talent trends mean the future of work won’t return to the pre-pandemic norm.

Contact

Research Information & Knowledge Hub for additional information on IMD publications

Related topics

General Management

Human Resources

Innovation

Team Dynamics

Technology Management

Browse all topics

Leading Global Operations - Complexity and Change

By Ralf W. Seifert and Katrin Siebenbürger Hacki
in I by IMD

Summary

Leading global operations through complexity and change in 2025 means embracing AI and ML to streamline supply chains and meet rising demands.

Contact

Research Information & Knowledge Hub for additional information on IMD publications

Related topics

Artificial Intelligence

Digital

Leadership

Strategy

Supply Chain

Browse all topics

6 ways to attract and retain female tech talent 

By Sarah E. Toms
in I by IMD Brain Circuits 29 April 2025

Summary

Contact

Research Information & Knowledge Hub for additional information on IMD publications

Related topics

Technology Management

Diversity and Equity and Inclusion

Browse all topics

Detroit Entrepreneurship - Motor City Innovation

By Jerry Davis
in I by IMD

Summary

Regional developers have tried and failed to emulate Silicon Valley’s VC-driven model for innovation. Detroit Entrepreneurship is following an alternative route.

Contact

Research Information & Knowledge Hub for additional information on IMD publications

Related topics

Entrepreneurship

Innovation

Technology Management

Browse all topics

Easter egg hunt: How Trump’s trade policy has businesses scrambling for loopholes

By Howard H. Yu
in Inc. 19 April 2025

Summary

Contact

Research Information & Knowledge Hub for additional information on IMD publications

Related topics

Technology Management

Supply Chain

Browse all topics

So, what are these AI skills? - Frederik Anseel

By Frederik Anseel
in I by IMD

Summary

AI is reshaping careers, but future-proof skills aren’t what you think. Vision, expertise, and deep knowledge - not hype - are key to success in an AI world.

Contact

Research Information & Knowledge Hub for additional information on IMD publications

Related topics

Artificial Intelligence

Decision Making

Innovation

Technology Management

Browse all topics

China's technology sector - AI innovation

By Mark J. Greeven and Sophie Liu
in I by IMD

Summary

China's technology sector leads global innovation with AI, semiconductor growth, and strategic diversification. R&D investments fuel success amid regulatory challenges.

Contact

Research Information & Knowledge Hub for additional information on IMD publications

Related topics

Artificial Intelligence

Digital

Innovation

Technology Management

Browse all topics

Are you unlocking deep tech’s potential? A guide for corporates

By Tomoko Yokoi
in I by IMD Brain Circuits 9 April 2025

Summary

Contact