Organization Digitalization Effects

Digitalization is among the key elements that develop a company’s growth. It is more than the removal of paper documents and applying computers to log info – it is actually about creating a new technique of doing business that focuses on customer satisfaction, internal connection, and the move of information. It is regarding being better, gaining awareness over firm spend and making decisions with appropriate numbers, along with connecting your entire team to a common mission that drives international growth.

It is a dynamic procedure that improvements the ways corporations create and capture benefit in the marketplace. Additionally, it may accelerate the obsolescence of the firm’s current business model (BM). As digitalization has the potential to influence a company’s competitive standing, firms has to be constantly informed of digitalization’s effect on their BMs and the adjacent business environment.

To explore the influence of digitalization on a firm’s BM, qualitative empirical info were gathered from 12 interviewees doing work in two distinctive industries, motor vehicle and media. Due to the fact that both equally industries data room are seen as different organization models, this research style allowed for a great in-depth a comparison of how digitalization impacts the inspiration of your firm’s BM.

The selection interviews revealed that in the media market, the impact of digitalization was felt many clearly in terms of value creation and value capture factors. This was predominantly due to the fact that the videos industry locations strong focus on the customer channel, therefore causing digitalization to have an early on impact on the company’s BM.