Towards an understanding of the boundaries and characteristics of a Digital Business Strategy
Home > General > Towards an understanding of the boundaries and characteristics of a Digital Business Strategy
Towards an understanding of the boundaries and characteristics of a Digital Business Strategy

Towards an understanding of the boundaries and characteristics of a Digital Business Strategy


     0     
5
4
3
2
1



Out of Stock


Notify me when this book is in stock
About the Book

The integration of digital technologies has become more than just a trend; it is now a fundamental necessity for organizations striving to remain competitive and relevant. A digital business strategy serves as a compass guiding these organizations through the intricacies of the digital realm. This description delves into the pivotal concept of understanding the boundaries and characteristics that define an effective digital business strategy.

A digital business strategy encompasses a set of intentional actions that leverage digital technologies to achieve specific business objectives. However, the boundaries of this strategy are not confined solely to technological tools. Instead, they extend to the reimagining of business models, processes, and customer interactions. Such a strategy is not a standalone entity but rather a tightly interwoven component of the overall business strategy, aligned with the organization's mission and vision. It necessitates the synchronization of various departments, from marketing and sales to operations and IT, to create a unified approach.

The characteristics of a successful digital business strategy are multifaceted. Firstly, agility takes center stage. The ever-changing digital landscape requires strategies to be adaptable and flexible, allowing organizations to seize emerging opportunities swiftly. Secondly, customer-centricity becomes paramount. The strategy must cater to the evolving expectations of digitally empowered customers, offering seamless, personalized experiences across various touch points. Analytics and data-driven insights form another vital characteristic. Leveraging the power of data enables informed decision-making, fine-tuning of strategies, and identification of growth avenues.

Moreover, innovation and a willingness to embrace disruption define an effective digital business strategy. Organizations need to continuously explore novel technologies and approaches to stay ahead in the digital race. Collaborations and partnerships also play a role. Teaming up with tech experts or industry disruptors can provide unique advantages, enabling organizations to leverage external expertise and resources.

However, defining the boundaries of a digital business strategy is equally important. While technology offers boundless possibilities, not all avenues are relevant or feasible for every organization. A well-defined scope ensures that the strategy aligns with the organization's core competencies and resources. Striking the balance between innovation and practicality is essential to prevent resource waste and strategic misdirection.

In conclusion, the landscape of business has been irreversibly altered by the digital revolution. A digital business strategy is no longer a luxury but a necessity for any organization aspiring to thrive in this digital age. Understanding the boundaries and characteristics of such a strategy is pivotal for its successful formulation and execution. By embracing agility, customer-centricity, data-driven insights, innovation, and collaborations, while simultaneously defining a focused scope, organizations can chart a course towards digital success. This journey is not just about adopting technology; it's about embracing a holistic transformation that reshapes businesses and industries, ensuring relevance and prosperity in the years to come.


Best Sellers



Product Details
  • ISBN-13: 9788196508845
  • Publisher: Almora Publishers
  • Binding: Paperback
  • Language: English
  • Returnable: Y
  • Weight: 390 gr
  • ISBN-10: 8196508840
  • Publisher Date: 01 Sep 2023
  • Height: 229 mm
  • No of Pages: 250
  • Spine Width: 13 mm
  • Width: 152 mm


Similar Products

Add Photo
Add Photo

Customer Reviews

REVIEWS      0     
Click Here To Be The First to Review this Product
Towards an understanding of the boundaries and characteristics of a Digital Business Strategy
Almora Publishers -
Towards an understanding of the boundaries and characteristics of a Digital Business Strategy
Writing guidlines
We want to publish your review, so please:
  • keep your review on the product. Review's that defame author's character will be rejected.
  • Keep your review focused on the product.
  • Avoid writing about customer service. contact us instead if you have issue requiring immediate attention.
  • Refrain from mentioning competitors or the specific price you paid for the product.
  • Do not include any personally identifiable information, such as full names.

Towards an understanding of the boundaries and characteristics of a Digital Business Strategy

Required fields are marked with *

Review Title*
Review
    Add Photo Add up to 6 photos
    Would you recommend this product to a friend?
    Tag this Book Read more
    Does your review contain spoilers?
    What type of reader best describes you?
    I agree to the terms & conditions
    You may receive emails regarding this submission. Any emails will include the ability to opt-out of future communications.

    CUSTOMER RATINGS AND REVIEWS AND QUESTIONS AND ANSWERS TERMS OF USE

    These Terms of Use govern your conduct associated with the Customer Ratings and Reviews and/or Questions and Answers service offered by Bookswagon (the "CRR Service").


    By submitting any content to Bookswagon, you guarantee that:
    • You are the sole author and owner of the intellectual property rights in the content;
    • All "moral rights" that you may have in such content have been voluntarily waived by you;
    • All content that you post is accurate;
    • You are at least 13 years old;
    • Use of the content you supply does not violate these Terms of Use and will not cause injury to any person or entity.
    You further agree that you may not submit any content:
    • That is known by you to be false, inaccurate or misleading;
    • That infringes any third party's copyright, patent, trademark, trade secret or other proprietary rights or rights of publicity or privacy;
    • That violates any law, statute, ordinance or regulation (including, but not limited to, those governing, consumer protection, unfair competition, anti-discrimination or false advertising);
    • That is, or may reasonably be considered to be, defamatory, libelous, hateful, racially or religiously biased or offensive, unlawfully threatening or unlawfully harassing to any individual, partnership or corporation;
    • For which you were compensated or granted any consideration by any unapproved third party;
    • That includes any information that references other websites, addresses, email addresses, contact information or phone numbers;
    • That contains any computer viruses, worms or other potentially damaging computer programs or files.
    You agree to indemnify and hold Bookswagon (and its officers, directors, agents, subsidiaries, joint ventures, employees and third-party service providers, including but not limited to Bazaarvoice, Inc.), harmless from all claims, demands, and damages (actual and consequential) of every kind and nature, known and unknown including reasonable attorneys' fees, arising out of a breach of your representations and warranties set forth above, or your violation of any law or the rights of a third party.


    For any content that you submit, you grant Bookswagon a perpetual, irrevocable, royalty-free, transferable right and license to use, copy, modify, delete in its entirety, adapt, publish, translate, create derivative works from and/or sell, transfer, and/or distribute such content and/or incorporate such content into any form, medium or technology throughout the world without compensation to you. Additionally,  Bookswagon may transfer or share any personal information that you submit with its third-party service providers, including but not limited to Bazaarvoice, Inc. in accordance with  Privacy Policy


    All content that you submit may be used at Bookswagon's sole discretion. Bookswagon reserves the right to change, condense, withhold publication, remove or delete any content on Bookswagon's website that Bookswagon deems, in its sole discretion, to violate the content guidelines or any other provision of these Terms of Use.  Bookswagon does not guarantee that you will have any recourse through Bookswagon to edit or delete any content you have submitted. Ratings and written comments are generally posted within two to four business days. However, Bookswagon reserves the right to remove or to refuse to post any submission to the extent authorized by law. You acknowledge that you, not Bookswagon, are responsible for the contents of your submission. None of the content that you submit shall be subject to any obligation of confidence on the part of Bookswagon, its agents, subsidiaries, affiliates, partners or third party service providers (including but not limited to Bazaarvoice, Inc.)and their respective directors, officers and employees.

    Accept

    New Arrivals



    Inspired by your browsing history


    Your review has been submitted!

    You've already reviewed this product!