IDC PeerScape: Digital Transformation: Practices for Reinventing the Business Model
This IDC PeerScape introduces practices that will enhance the success of evolutionary and/or revolutionary transitions in business model reinventions. This study is intended to help IT and line of business (LOB) executives identify the pitfalls and the success factors in embarking on these initiatives or programs. This study also discusses how organizations will respond to start-ups, which are highly disruptive and at the same time very fleet-footed in resolving real customer pain points simply and efficiently.
Please Note: Extended description available upon request.
- IDC PeerScape Figure
- Executive Summary
- Peer Insights
- Practice 1: Address Gaps in Skills and Tools Created by Disruption
- Challenge
- Examples
- Guidance
- Practice 2: Leverage Internal Technologies to Create New Businesses
- Challenge
- Examples
- Guidance
- Practice 3: Develop KPIs and Performance Metrics for Innovation and Change Activities
- Challenge
- Example
- Guidance
- Practice 4: Be Open to Collaborating With External Partners Within the Ecosystem
- Challenge
- Example
- Guidance
- Learn more
- Related research
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