Crafting New Business and Revenue Models by Ambidextrous Blend of Physical and Digital Capabilities

Authors

  • Paritosh Basu Senior Director (Services) Stragility Consulting Pvt. Ltd., Mumbai

Keywords:

No Keywords.

Abstract

Every business entity and startup's objective, from starting with the digitalisation of operating processes followed by the transformation of business models and revenue models, is to attain sustainable competitive advantages and higher ROI. However, not all such attempts achieve the desired financial impacts and attain operational excellence with DEI. Again, digital technologies are evolving with frequent advancements that require renewed efforts to withstand the disruptive impacts of new developments and sustain competitive advantages. This paper deals with some of the major dimensions of the related success factors that also demand an ambidextrous blend of physical and digital capabilities, if need be, in collaboration with other players. In the end, ten critical points have been listed that may help attain more success with digital transformation. The author would happily collaborate with interested scholars to conduct empirical research studies.

Downloads

Download data is not yet available.

Published

2024-07-16

How to Cite

Basu, P. (2024). Crafting New Business and Revenue Models by Ambidextrous Blend of Physical and Digital Capabilities. The Management Accountant Journal, 59(7), 70–77. Retrieved from https://icmai-rnj.in/index.php/maj/article/view/173580

Issue

Section

Digital Transformation

References

https://www.csgi.com/insights/digital-transformation-whats-in-a-word-2/#:~:text=Google%20states%20it%20well%2C%20%E2%80%9CDigital,.%E2%80%9D%20In%20other%20words%2C%20not

Irik Tool Boom, Impact of Digital Transformation, A survey-based research to explore the effects of digital transformation on organizations, Delft University of Technology, 2016. https://repository.tudelft.nl/islandora/object/uuid:d1d6f874-abc1-4977-8d4e-4b98d3db8265

Paritosh Basu, Digital Transformation and Solution Designing with Quadrennium of Thinking, Digital Transformation – A Prismatic View, 2nd Enlarged Edition, pp 311-319. June 2024

W. Reinartz, N. Wiegand, M. Imschloss, The impact of digital transformation on the retailing value chain, International Journal of Research in Marketing, Volume 36, Issue 3, September 2019, pp 350-366. https://www.sciencedirect.com/science/article/pii/S0167811618300739

Pedro Leao and Miguel Mira da Silva, Impacts of digital transformation on firms’ competitive advantages: A systematic literature review, Research Article Wiley Online Library, September, 2021, https://onlinelibrary.wiley.com/doi/abs/10.1002/jsc.2459

L. J. Aaldering and C. H. Song, Of leaders and laggards - Towards digitalization of the process industries, Technovation, Volume 105, July 2021. https://www.sciencedirect.com/science/article/abs/pii/S0166497220300833?via%3Dihub

Piccinini et al., Transforming Industrial Business: The Impact of Digital Transformation on Automotive Organizations, Thirty Sixth International Conference on Information Systems, Fort Worth 2015. https://web.archive.org/web/20200323000530id_/https://aisel.aisnet.org/cgi/viewcontent.cgi?referer=&httpsredir=1&article=1424&context=icis2015

Anandhi Bharadwaj et al., Digital Business Strategy: Toward A Next Generation of Insights. MIS Quarterly Vol. 37 No. 2, June 2013 pp. 471-482

https://www.forbes.com/sites/bernardmarr/2023/10/12/the-impact-of-digital-transformation-on-business-models-opportunities-and-challenges/

Most read articles by the same author(s)

1 2 3 4 5 6 > >> 

Similar Articles

<< < 16 17 18 19 20 21 22 23 24 25 > >> 

You may also start an advanced similarity search for this article.