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Digital transformation is an ongoing process of the marketplace and one that requires continual strategic planning, reflection, and action. Organizations must constantly reconsider their digital transformation strategies in order to leverage new technologies and access to new data sets, as new competitors continue to emerge. In this environment, successful managers will constantly ask: how are you going to competitively position your organization in a digitally transforming marketplace? How will you create value for your business in new ways, including changing your value proposition by leveraging data and adopting new business models available in a digital world? How will you capture value in a world where the basis for competitive advantage is shifting, especially when marked by platforms and network externalities? And what capabilities do you need to secure this, and how will you develop them? Timely in its analysis, the book covers major topics such as big tech, data analytics, artificial intelligence, blockchain, cryptocurrency, autonomy, cybersecurity, data privacy, and antitrust. Michael Lenox delivers an insightful volume that offers a foundational understanding of this dynamic environment, and an action plan for those seeking a path to digital strategy implementation for their organization.

"Time is of the essence. Climate change looms as a malignant force that will reshape our economy and society for generations to come. If we are going to avoid the worst effects of climate change, we are going to need to effectively "decarbonize" the global economy by 2050. This doesn't mean a modest, or even a drastic, improvement in fuel efficiency standards for automobiles. It means 100% of the cars on the road being battery-powered electric vehicles or some other non-carbon emitting powertrain. It means 100% of our global electricity needs being met by renewables and other non-carbon emitting sources such as nuclear power. It means electrifying the global industrials sector and replacing carbon-intensive chemical processes with green alternatives, eliminating scope one emissions - emissions in production - across all industries, particularly steel, cement, petrochemicals, which are the backbone of the global economy. It means sustainable farming while still feeding a growing global population. Responding to the existential threat of climate change, Michael Lenox and Becky Duff propose a radical reconfiguration of the industries contributing the most, and most harmfully, to this planetary crisis. Disruptive innovation and a particular calibration of industry dynamics will be key to this change. The authors analyze precisely what this might look like for specific sectors of the world economy - ranging from agriculture to industrials and building, energy, and transportation - and examine the possible challenges and obstacles to introducing a paradigm shift in each one. With regards to existent business practices and products, how much and what kind of transformation can be achieved? The authors assert that markets are critical to achieving the needed change, and that they operate within a larger scale of institutional rules and norms. Lenox and Duff conclude with an analysis of policy interventions and strategies that could move us toward clean tech and decarbonization by 2050"-- Provided by publisher