Digital transformation strategy making in pre-digital organizations: The case of a financial services provider
By Simon Chanias, Michael D. Myers, Thomas Hess. Journal of strategic information systems, 2019
678 citations recorded by the source corpus.
Abstract The formulation and implementation of a digital transformation strategy (DTS) has become a key concern for many pre-digital organizations across traditional industries, but how such a strategy can be developed remains an open question. We used interpretive in-depth case study research to study how a European financial services provider has formulated and implemented a DTS. By focusing on the underlying processes and strategizing activities, we show that digital strategy making not only represents a break with the conventions of upfront strategic information systems (IS) planning, but reveals a new extreme of emergent strategy making. Specifically, we conclude that a DTS is continuously in the making, with no foreseeable end. By building on theory from IS strategizing and strategy-as-practice literature, we theorize an integrated process/activity model that characterizes DTS formulation and implementation in pre-digital organizations. Our model shows that the crafting of a DTS is a highly dynamic process involving iterating between learning and doing.
Subfields: Management Information Systems, Sociology and Political Science, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/00a200189678b773ccf0d65fe7a197a73dd21426
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Citations in the corpus
- Digital transforming capability and performance: a microfoundational perspective (2020, background): “Unlike born-digital organisations, pre-digital organisations need to pursue a huge transformation (Chanias et al., 2019), meaning that they need to develop new capabilities.”
- Digital transformation in business and management research: An overview of the current status quo (2022, background): “The rigorous study of DT is generally still at an early stage (Chanias, Myers, & Hess, 2019), and the studies conducted on it are too often overly optimistic about it (Kar et al., 2019).”
- Preparing Workplaces for Digital Transformation: An Integrative Review and Framework of Multi-Level Factors (2021, background): “Key initiatives include engaging internal actors in “episodes of digital strategy making” (Chanias et al., 2019, p. 30).”