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Publication

Driving digital: Welcome to the ExConomy!

Journal Contribution - Journal Article

A first step in better applying the new digital technologies currently at our disposal is understanding what creating digital value really means. To give digital a more precise focus, we have coined the term 'ExConomy' framework, which breaks down what digital entails into four realities: customer experience is value, experimentation is necessary, collaboration reshapes strategy and business models, and digital ecosystem platforms rule. This paper gives a presentation of these four realities and provides a tool for self-assessment of an organization’s digital readiness.
Journal: The Journal of Financial Perspectives
ISSN: 2049-8640
Issue: 3
Volume: 3
Pages: 182 - 187
Publication year:2015