A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
DATA-DRIVEN DYNAMIC CAPABILITIES An exploration into digital transformation and business strategy building entailed by a dynamic capabilities view
The pervasive nature of technological advancements has increased the complexity, and thus the environmental volatility that span well across the borders of industries and na-tions. It could be argued that the need for firms to demonstrate dynamic capabilities are greater than ever before. In this conceptual study we take an exploratory approach to understand how dynamic capabilities are dynamically interconnected with digital trans-formation and the consequences this has on the business model(s) and further, the over-arching business strategy. This is realized through the introduction of a conceptual framework for “data-driven dynamic capabilities” which constitutes that there is a dynam-ic interconnectivity at play between the dynamic capabilities and digital transformation themes. Our findings suggest that the dynamic conflation between the two help fuel one another and that the firm’s business model(s) ought to be congruent with its data-driven dynamic capabilities. Further our findings suggest that there is a feedback loop between the firm’s overarching business strategy and its data-driven dynamic capabilities. Thus, the implications of this conceptual paper will be to create new value, adding knowledge and new theoretical trajectories into the field with the help of the integrative conceptual framework introduced in our study.
DATA-DRIVEN DYNAMIC CAPABILITIES An exploration into digital transformation and business strategy building entailed by a dynamic capabilities view
The pervasive nature of technological advancements has increased the complexity, and thus the environmental volatility that span well across the borders of industries and na-tions. It could be argued that the need for firms to demonstrate dynamic capabilities are greater than ever before. In this conceptual study we take an exploratory approach to understand how dynamic capabilities are dynamically interconnected with digital trans-formation and the consequences this has on the business model(s) and further, the over-arching business strategy. This is realized through the introduction of a conceptual framework for “data-driven dynamic capabilities” which constitutes that there is a dynam-ic interconnectivity at play between the dynamic capabilities and digital transformation themes. Our findings suggest that the dynamic conflation between the two help fuel one another and that the firm’s business model(s) ought to be congruent with its data-driven dynamic capabilities. Further our findings suggest that there is a feedback loop between the firm’s overarching business strategy and its data-driven dynamic capabilities. Thus, the implications of this conceptual paper will be to create new value, adding knowledge and new theoretical trajectories into the field with the help of the integrative conceptual framework introduced in our study.
DATA-DRIVEN DYNAMIC CAPABILITIES An exploration into digital transformation and business strategy building entailed by a dynamic capabilities view
Marttila Gaard, Andreas (author) / Malmgren, Martin (author)
2020-01-01
Local 32277
Theses
Electronic Resource
English
DDC:
690
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