Digital Transformation of Business Models — Best Practice, Enablers, and Roadmap

Daniel Schallmo, Christopher A. Williams and Luke Boardman

Chapter 5 in Digital Disruptive Innovation, 2019, pp 119-138 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The purpose of this paper is to clarify the definition of digital transformation (DT) and to introduce a structured approach with phases, activities and results. Our research is based on a literature review which provides insight into the basic understanding of DT. Examples complete the research and show the practical application of DT. The main findings are that although DT is a widely known concept, an approach for the structured DT of business models is missing. The paper offers a clear definition of the DT of business models and phases for the DT of business models. Moreover, the paper offers examples of enablers and DT.

Keywords: Innovation; Digital Innovation; Disruptive Technologies; Digital Disruption Strategies; Digital Business Model Innovation; Digital Platform Innovation (search for similar items in EconPapers)
JEL-codes: O32 O33 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (1)

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