Strategies for Digitalization in Manufacturing Firms
Journal article, 2020

This article discusses the digitalization efforts of 26 leading manufacturing firms, the difficulties encountered, and how they can be handled. It shows that many firms are far from ready to benefit from digitalization and are mainly focused on achieving greater efficiency through digitalization rather than pursuing a growth agenda. This imbalance is because of the difficulties related to identifying profitable configurations of competencies, assets, and data generated from digital technologies, orchestrating them, and exploiting them in an agile organization. Practical implications of digitalization are highlighted, specifically in terms of strategies for supporting the current business and embracing long-term digital transformation.

strategy

value capture

business model innovation

ecosystems

agility

digitalization

dynamic capabilities

value creation

services

digital transformation

Author

Joakim Björkdahl

Chalmers, Technology Management and Economics, Entrepreneurship and Strategy

California Management Review

0008-1256 (ISSN)

Vol. 62 4 17-36

Subject Categories

Business Administration

Information Systemes, Social aspects

DOI

10.1177/0008125620920349

More information

Latest update

10/6/2020