Driving Innovation And Business Success In The Digital Economy

Advancements in the digital world are bringing about rapid waves of change in organizational management. As such, it is increasingly imperative to discover ways for businesses to adapt to changes in the markets and seize various digital market opportunities. Driving Innovation and Business Success in the Digital Economy is an essential reference source for the latest research on the impact of digital computing and emerging technological innovations in the realm of business success. Featuring extensive coverage across a range of relevant perspectives and topics, such as IT outsourcing, sustainable development and online advertising, this publication is ideally designed for researchers, professionals and students seeking current research on the complex scope of the new economy.

In the 21st century, advancements in the digital world are bringing about rapid waves of change in organizational management. As such, it is increasingly imperative to discover ways for businesses to adapt to changes in the markets and seize various digital marketing opportunities. Improving Business Performance Through Innovation in the Digital Economy is an essential reference source for the latest research on the impact of digital computing. It investigates new economic and entrepreneurial approaches to enhancing community development. Featuring research on topics such as business ethics, mobile technology, and cyber security, this book is ideally designed for knowledge workers, business managers, executives, entrepreneurs, small and medium enterprise managers, academicians, researchers, students, and global leaders seeking coverage on the management of sustainable enterprises.

The digital economy is a main driver of change, innovation, and competitiveness for various companies and entrepreneurs. Exploring developments in these initiatives can be used as vital tools for future business success. User Innovation and the Entrepreneurship Phenomenon in the Digital Economy is an essential reference source for emerging scholarly research on innovative aspects of design, development, and implementation of digital economy initiatives, highlighting the relationship and interaction between humans and technology in modern society. Featuring coverage on a broad range of topics such as electronic commerce, brand promotion, and customer loyalty, this book is ideally designed for academicians, researchers, students, and managers seeking current research on the digital economy.

The digitally-enabled economy is unleashing a new wave of change, something we are only just beginning to feel and understand. The economic evidence shows that this innovation—the development and adoption of new products, services, processes and business models—is vital to support rising living standards. But making the political case for the progressive power of innovation, and the digital economy, can be more challenging. The forces of “creative destruction” threaten incumbent firms, jobs, and the way people work and live, creating strong incentives to oppose change. Confronting these hard realities is one of the defining challenges for progressive politics in the twenty-first century. This collection of essays aims to explore how progressives can embrace the power and promise of innovation through ICT and the digital economy, while developing new institutions to enable societies to cope with the new challenges and risks that this heralds.

The Smallest and Most Concise book you will ever read about how to foster Innovation in your E-Business. Packed with real life case studies, discover the transformative power of innovation in the dynamic world of e-business with "Innovation in E-Business: Case Studies." Authored by an MSc graduate of Business Innovation with E-business from the Birkbeck University of London, this comprehensive book takes you on a captivating journey through real-world case studies, strategic insights, and best practices that will inspire and guide entrepreneurs, business leaders, and students on their own innovation quests. Uncover the secrets to e-business innovation as the book lays a strong foundation by exploring various types of innovation, theories, and frameworks specific to the e-business landscape. Dive deep into the drivers and enablers of innovation, including technological advancements, evolving consumer behavior, and market forces, and gain a profound understanding of how these elements shape the e-business realm. Learn how to nurture an innovative culture within your organization, as the book emphasizes the critical role of leadership in fostering an environment that encourages creativity, experimentation, and risk-taking. Discover the importance of psychological safety, growth mindset, and collaboration in creating a culture that fuels innovation and propels businesses forward. Embark on a thrilling exploration of disruptive innovation in e-business through captivating case studies. Witness how disruptive forces have reshaped industries, challenged traditional business models, and paved the way for e-business success. Gain invaluable insights into strategies for navigating disruption and leveraging the opportunities presented by these transformative forces. Immerse yourself in a treasure trove of case studies featuring renowned organizations such as Amazon, Alibaba, Tesla, Spotify, Netflix, and Airbnb. Discover how these trailblazers have revolutionized their industries with their innovative approaches. Delve into the strategies, challenges, and outcomes of these groundbreaking e-business ventures, and extract the key lessons that will drive your own innovation journey. Take away best practices for fostering innovation in e-business as the book distills the collective wisdom from the case studies. Emphasizing customer-centricity, a culture of experimentation, technology and data utilization, collaboration, agility, talent development, and sustainability, this book equips you with the essential components needed to drive successful innovation in the e-business landscape. Look towards the future with "Future Trends in E-Business Innovation" as the book explores emerging technologies such as AI, IoT, AR/VR, and blockchain, and their potential impact on e-business. Gain foresight into the trends that will shape the e-business landscape, empowering you to stay ahead, adapt, and leverage new opportunities in the ever-evolving digital economy. "Innovation in E-Business: Case Studies" is your ultimate guide to embracing innovation, disrupting industries, and achieving e-business success. Packed with captivating case studies, strategic insights, and best practices, this book provides the knowledge and inspiration you need to make your mark in the dynamic world of e-business. Don't just follow the trends—be the trendsetter in the digital era.

This book shows how business process management (BPM), as a management discipline at the intersection of IT and Business, can help organizations to master digital innovations and transformations. At the same time, it discusses how BPM needs to be further developed to successfully act as a driver for innovation in a digital world. In recent decades, BPM has proven extremely successful in managing both continuous and radical improvements in many sectors and business areas. While the digital age brings tremendous new opportunities, it also brings the specific challenge of correctly positioning and scoping BPM in organizations. This book shows how to leverage BPM to drive business innovation in the digital age. It brings together the views of the world’s leading experts on BPM and also presents a number of practical cases. It addresses mangers as well as academics who share an interest in digital innovation and business process management. The book covers topics such as BPM and big data, BPM and the Internet of Things, and BPM and social media. While these technological and methodological aspects are key to BPM, process experts are also aware that further nontechnical organizational capabilities are required for successful innovation. The ideas presented in this book have helped us a lot while implementing process innovations in our global Logistics Service Center. Joachim Gantner, Director IT Services, Swarovski AG Managing Processes – everyone talks about it, very few really know how to make it work in today’s agile and competitive world. It is good to see so many leading experts taking on the challenge in this book. Cornelius Clauser, Chief Process Officer, SAP SE This book provides worthwhile readings on new developments in advanced process analytics and process modelling including practical applications – food for thought how to succeed in the digital age. Ralf Diekmann, Head of Business Excellence, Hilti AG This book is as an important step towards process innovation systems. I very much like to congratulate the editors and authors for presenting such an impressive scope of ideas for how to address the challenging, but very rewarding marriage of BPM and innovation. Professor Michael Rosemann, Queensland University of Technology

Two world-renowned strategists detail the seven leadership imperatives for transforming companies in the new digital era. Digital transformation is critical. But winning in today's world requires more than digitization. It requires understanding that the nature of competitive advantage has shifted—and that being digital is not enough. In Beyond Digital, Paul Leinwand and Matt Mani from Strategy&, PwC's global strategy consulting business, take readers inside twelve companies and how they have navigated through this monumental shift: from Philips's reinvention from a broad conglomerate to a focused health technology player, to Cleveland Clinic's engagement with its broader ecosystem to improve and expand its leading patient care to more locations around the world, to Microsoft's overhaul of its global commercial business to drive customer outcomes. Other case studies include Adobe, Citigroup, Eli Lilly, Hitachi, Honeywell, Inditex, Komatsu, STC Pay, and Titan. Building on a major new body of research, the authors identify the seven imperatives that leaders must follow as the digital age continues to evolve: Reimagine your company's place in the world Embrace and create value via ecosystems Build a system of privileged insights with your customers Make your organization outcome-oriented Invert the focus of your leadership team Reinvent the social contract with your people Disrupt your own leadership approach Together, these seven imperatives comprise a playbook for how leaders can define a bolder purpose and transform their organizations.

Identify the best technology investments and implement them rapidly Future State 2025: How Top Technology Executives Disrupt and Drive Success in the Digital Economy gives CIOs an essential playbook for learning how to implement and sustain innovation and invention. Drawing on the experiences of many of the world’s leading CIOs, the book reveals the strategies and techniques they used to put in place the newest techniques and technologies. Since the rise of the digital economy, the role of the CIO has expanded the responsibilities of the IT team function. The new norm is continuous innovation; CIOs must deliver or perish. This book offers a guide for selecting and implementing the right technology that is so essential for success in the hyper-competitive marketplace. This vital resource offers a guide to tech investments including: Artificial Intelligence and advanced cyber security Robotics and advanced networks including Mesh, Edge and Hybrid Cloud Virtual Reality and smart cities Autonomous transportation, logistics and rapid prototyping, and digital twin Future State 2025: How Top Technology Executives Disrupt and Drive Success in the Digital Economy is written to help identify the best technology investments and move forward with rapid implementations of new tech and stay ahead of the competition.

Strategy and Behaviors in the Digital Economy is a collection of reviewed and relevant research chapters, offering a comprehensive overview of recent developments in the field of Business, Management and Economics. The book comprises single chapters authored by various researchers and edited by an expert active in this research area. All chapters are complete in itself but united under a common research study topic. This publication aims at providing a thorough overview of the latest research efforts by international authors on this field of study, and open new possible research paths for further novel developments.

Today the fastest growing companies have no physical assets. Instead, they create innovative digital products and new data-driven business models. They capture huge market share fast and their capitalizations skyrocket. The success of these digital giants is pushing all companies to rethink their business models and to start digitizing their products and services. Whether you are a new start-up building a digital product or service, or an employee of an established company that is transitioning to digital, you need to consider how digitization has transformed every aspect of management. Data-driven business models scale not through asset accumulation and product standardization, but through disaggregation of supply and demand. The winners in the new economy master the demand for one and the supply to millions. Throughout the book the author illustrates with examples and use cases how the market competition has changed and how companies adept to the new rules of the game. The economic levers of scale and scope are also different in the digital economy and companies have to learn new tactics how to achieve and sustain their competitive advantage. While data is at the core of all digital business models, the monetization strategies vary across products, services and business models. Our Monetization Matrix is a model that helps managers, marketers, sales professionals, and technical product designers to align the digital product design with the data-driven business model.