Flashcards
Digital Transformation
Cards in this deck (20)
- 1What did Angela Ahrendts say about not incorporating digital?CEO's will have a completely out-of-date business model in the next 5 years.
- 2Why do CEO's get frustrated with digital?They don't know how it will lead to value as well as its long-term nature.
- 3What are the 4 pressures for change?Consumers, employees, competition and technology
- 4Which company is a good example of a highstreet casualty that didn't transform quick enough?Blockbuster
- 5What were the three main reasons for Blockbusters failure?Not recognising what industry it was operating within, lack of managerial capabilities and a disregard of competition
- 6What are the four most important digital technologies?Analytics, mobile, social media and embedded devices
- 7Which device is being considered more in the future than in the present?Embedded devices
- 8What are the three building blocks to digital transformation?Customer experience, operational processes and business models
- 9In the building blocks framework, what makes up customer experience?Customer understanding, top-line growth and customer touchpoints
- 10In the building blocks framework, what makes up operational processes?Process digitization, worker enablement and performance management
- 11In the building blocks framework, what makes up business model?Digitally modified business, new digital business and digital globalisation
- 12What is the fundamental building block that cuts across all three pillars?Digital capabilities
- 13What makes up the what and how of digital transformation?Digital intensity and transformation management intensity
- 14What makes up digital transformation?Customer engagement, internal operations and business model
- 15What makes up transformation management intensity?Vision, engagement, governance and IT business relationships
- 16What makes up the digital maturity matrix?Beginners, fashionistas, conservatives and digirati
- 17What are the 4 justifications for digital transformation?Economic business case, burning platform, strategic foundation investment and low-risk strategy
- 18Which company is a good example of a burning platform strategy?Burberry
- 19What makes up the inner boxes of the digital transformation framework?Strategic assets, nine digital elements, digital capabilities and investments
- 20What makes up the outer boxes of the digital transformation framework?Digital vision, governance and engagement
Information
- Description
- Degree Business and Management (Management of Information Systems) Flashcards on Digital Transformation, created by Emily Bramhall on 15/12/2016.
- Created by
- Emily Bramhall · Dec 2016
- Updated
- Apr 6, 2018
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