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To stay competitive, the central challenge for many companies at present is to master the process of transformation in the sense of a fundamental redesign of central processes or even of the entire company. Digitization and the need to redefine and reposition oneself in a sustainable economy are just two examples of the main drivers of this transformation. In this context, the basic question of the fundamental necessity of a comprehensive transformation in the sense of a business transformation no longer even arises for most companies in the age of digital transformation. Instead, the focus is on the question of how companies can manage the complexity associated with the scope of a transformation and the necessary changes in terms of the business strategy and on how to ensure the efficiency and success of the transformation. The challenge is to simultaneously design new structures and systems on the substantive level and also to break up established patterns of behavior.
Overview: The digital transformation of organizations continues at a frenetic pace. While some companies have achieved trailblazer status, others are finding it difficult to change and therefore are lagging. Digital leaders play a pivotal role in this transition because they can increase the confidence of their organizations behind these often risky and disruptive initiatives. In this article, we present our efforts to i) separate the practices of digitally developing and digitally mature organizations―particularly those of their leaders, ii) determine the specific trust-building actions of digitally mature leaders, iii) develop a scale to measure the human dimensions of digital leaders, and iv) discuss the future development of a reliable scale and self-assessment tool that digital leaders can use to assess their own readiness to accelerate digital initiatives.
Digitalization offers enormous opportunities not only to optimize operational processes, but also to redefine creative processes, e.g., in the area of innovation. This is becoming increasingly important in light of the fact that innovation is increasingly taking place in ecosystems, which means that an enormous amount of collaboration must be enabled in distributed and interdisciplinary teams. To be successful in this, innovation teams need easy access to the multitude of methods and assistance in selecting the appropriate method for the specific task. To this end, we propose a classification framework that structures methods from innovation management and service design based on higher-level task areas. The framework was developed and evaluated together with several companies. Results were implemented in the form of a playbook that won the red dot design award. [https://link.springer.com/chapter/10.1007/978-3-030-80840-2_22]
Digital Leadership – Which leadership dimensions contribute to digital transformation success?
(2021)
The digital transformation of industry and
society continues to advance. While some companies are
achieving trailblazer status, others are finding it difficult to
manage or even initiate the necessary changes. Top-level leaders
play a central role in these transformational processes, as they
have the opportunity to directly or indirectly influence decisive
variables. In this article, we present the results of interviews
with 13 digital leaders who have successfully implemented the
necessary changes for the digital transformation of their
companies. The results of the interviews provide key dimensions
for leaders to digitally transform their companies.
In an increasingly changing market environment, the long-term survival of companies depends on their ability to reduce latencies in adapting to new market conditions. One strategy to meet this challenge is the anchoring of data-driven decision making, which leads to an increasing use of advanced information technologies and, subsequently, to an increase in the amount of data stored. The complexity of processing these data spurred the demand for advanced statistical methods and functions called Business Analytics. Companies are, despite all promised benefits, overwhelmed with the implementation of Business Analytics as indicated by a failure rate of 65 to 80 %. This paper provides an empirically validated, multi-dimensional model that takes an integrative look at critical success factors for the implementation
of Business Analytics and based on which management recommendations can be generated. For this purpose, constructs of the model are conceptualized, before a structural equation model is developed. This model is then validated with data from 69 industrial partners in the food industry. It is shown amongst others, that the three success factors top management support, IT infrastructure and system quality are pivotal to increase the company performance.
Patterns of Digitization
(2020)
This article describes the results of Patterns of Digitization survey designed to assess how companies are implementing digital transformation. The survey includes the various strategies companies employ, the technologies they invest in, and, in particular, the actions they take to overcome the organizational resistance that is common to most large-scale transformations. Digital transformation is reshaping entire segments of our society and industries of every type:
communications, retail, and increasingly healthcare, medicine, agriculture, and manufacturing.
While a few companies seem to reach front-runner status, the majority seem to lag. This phenomenon is a top concern of boardrooms worldwide and motivated the development of this study. To help these organizations, we highlight the important actions all companies are taking as well as the differentiated actions digitally mature companies are undertaking to transform their businesses. These insights should help lagging companies understand what is involved in
implementing a digital transformation and what they need to do to catch up.
Digital Leadership
(2020)
This article describes digital leadership-specifically character and competency-that differentiate digitally mature organizations from digitally developing organizations. We assess the differentiated actions of leaders of digitally mature organizations and discuss their results. The study is based on Patterns of Digitization survey with insights from 559 decision makers across five geographic regions-America, Europe, Asia, Africa, and Oceania designed to assess how companies are implementing digital transformation, the various strategies they employ, the investments they make, and the actions they take to achieve large-scale institutionalized digital transformations. The insights gleaned from the study should help lagging companies understand what is involved in implementing a digital transformation and what they need to do to catch up.
The rapid developments in information and communication technology enable new bus iness models that are based on digital platforms. Marketplaces such as Amazon or Airbnb have already adapted this business model to connect previously unconnected supply-side and demand-side to conduct a business transaction via a digital platform. Due to Industrie 4.0 and the rapid technological development that comes with it, digital platforms have entered the market within the area of the mechanical engineering. Different platform types exist, such as marketplaces for machine equipment or digital data platforms for connected machines. Although numerous companies claim to offer platform-based bus iness models, they often lack knowledge on individual business model components. To close this gap, this paper structures a variety of existing platforms based on their detail characteristics. Within this paper, existing typologies of digital platforms from other industry areas are analyzed. Case study research ofplatforms within the mechanical engineering is used to adjust these typologies and create a new one for digital platforms within the mechanical engineering.
The acquisition, processing and analysis of internal and external data is one of the key competitive factors for corporate innovation and competitive advantage. Many firms invest a significant amount of resources to take advantage of advanced analytics methods. Machine learning methods are used to identify patterns in structured and unstructured data and increase predictive capabilities. The related methods are of particular interest when previously undiscovered and unknown structures are discovered in comprehensive data sets in order to more accurately predict the outcome of manufacturing or production processes based on a multitude of parameter settings. So far, this knowledge is often part of the individual or collective knowledge of experts and expert teams, but rarely explicit and therefore not replicable for future applications. On the one hand, it is demonstrated in this paper how different machine learning algorithms have been applied to better predict the output quality in the process industry. On the other hand, it is explained how the application of machine learning methods could contribute to making previously not accessible process knowledge explicit. In order to increase the prognostic accuracy of the model diferrent methods were combined, later on compared and evaluated within an industrial case. In this paper a comprehensive approach to knowledge-based process engineering is being presented.
Patterns of Digitization
(2019)
This article describes the results of a survey designed to assess how companies are implementing digital transformation, including the various strategies they employ and the actions they take to achieve large-scale transformations. While a few companies seem to reach front-runner status, the majority seem to lag behind. This phenomenon is a top concern of boardrooms worldwide and motivated the development of this study. To help these organizations, we highlight differentiated strategic principles and characteristics of the companies' design processes digitally mature companies undertake to transform their businesses. These insights should help lagging companies understand what is involved in implementing a digital transformation and what they need to do to enforce this transformation.