The digital transformation of industrial players

Anna Danuso; Ferran Giones; Elias Ribeiro da Silva

doi:10.1016/j.bushor.2021.04.001

The digital transformation of industrial players

Anna Danuso, Ferran Giones, Elias Ribeiro da Silva

Producció científica: Article en revista indexada › Article › Avaluat per experts

28 Cites (Scopus)

Resum

Digitalization is transforming the industrial landscape. Smarter products, data-based services, and new business models promise to reshape the whole manufacturing industry. But just below the visible excitement lurk unexpected tensions and challenges that can make digital transformation an excruciating journey for industrial companies. In this article, we decipher the digital transformation strategy choices of leading industrial firms in a highly innovative country. We then identify four dominant tensions that managers need to sort out. We also provide guiding principles for selecting a digital transformation strategy capable of overcoming each of the identified tensions.

Idioma original	Anglès
Pàgines (de-a)	341-349
Nombre de pàgines	9
Revista	Business Horizons
Volum	65
Número	3
DOIs	https://doi.org/10.1016/j.bushor.2021.04.001
Estat de la publicació	Publicada - 1 de maig 2022
Publicat externament	Sí

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title = "The digital transformation of industrial players",

abstract = "Digitalization is transforming the industrial landscape. Smarter products, data-based services, and new business models promise to reshape the whole manufacturing industry. But just below the visible excitement lurk unexpected tensions and challenges that can make digital transformation an excruciating journey for industrial companies. In this article, we decipher the digital transformation strategy choices of leading industrial firms in a highly innovative country. We then identify four dominant tensions that managers need to sort out. We also provide guiding principles for selecting a digital transformation strategy capable of overcoming each of the identified tensions.",

keywords = "Digital transformation, Digitalization, Digitization, Disruptive technology, New business enterprises",

author = "Anna Danuso and Ferran Giones and {Ribeiro da Silva}, Elias",

note = "Publisher Copyright: {\textcopyright} 2021 Kelley School of Business, Indiana University",

year = "2022",

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doi = "10.1016/j.bushor.2021.04.001",

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AU - Giones, Ferran

AU - Ribeiro da Silva, Elias

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N2 - Digitalization is transforming the industrial landscape. Smarter products, data-based services, and new business models promise to reshape the whole manufacturing industry. But just below the visible excitement lurk unexpected tensions and challenges that can make digital transformation an excruciating journey for industrial companies. In this article, we decipher the digital transformation strategy choices of leading industrial firms in a highly innovative country. We then identify four dominant tensions that managers need to sort out. We also provide guiding principles for selecting a digital transformation strategy capable of overcoming each of the identified tensions.

AB - Digitalization is transforming the industrial landscape. Smarter products, data-based services, and new business models promise to reshape the whole manufacturing industry. But just below the visible excitement lurk unexpected tensions and challenges that can make digital transformation an excruciating journey for industrial companies. In this article, we decipher the digital transformation strategy choices of leading industrial firms in a highly innovative country. We then identify four dominant tensions that managers need to sort out. We also provide guiding principles for selecting a digital transformation strategy capable of overcoming each of the identified tensions.

KW - Digital transformation

KW - Digitalization

KW - Digitization

KW - Disruptive technology

KW - New business enterprises

UR - http://www.scopus.com/inward/record.url?scp=85117258924&partnerID=8YFLogxK

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VL - 65

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JO - Business Horizons

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The digital transformation of industrial players

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