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Business & Finance · Studypool

Managing Digital Transformation: A Strategic Plan for Turning Disruption into Opportunity

Overview

Short Description

  • Develops a strategic plan to manage digital transformation, treating disruption as an opportunity
  • Structured around three questions: where are we now, where are we going, how will we get there
  • Applies a suitable business strategy model to assess the organisation's current position
  • Defines a future-based vision and sustainable competitive advantage
  • Conducts a gap analysis to identify what needs to change
  • Sets SMART objectives, action items, and a communication plan with accountable resources
  • Establishes how progress will be reviewed

Core requirement

  • Select an organisation and identify a business case where digital disruption is an opportunity for transformation
  • Develop a strategic plan to manage that transformation (goals, actions needed, and other critical elements)

Structure around three questions

  • Where are we now?
  • Where are we going?
  • How will we get there?

Choose and justify a strategy model

  • Select a suitable business strategy model for the case
  • Justify why the chosen model(s) is the most applicable for developing the plan

Seven steps the plan must cover

  • Identify the core mission (e.g. strategic position via SWOT analysis)
  • Identify a sustainable competitive advantage and a future-based vision
  • Implement a gap analysis
  • Identify strategic objectives and priorities through SMART goals
  • Set specific action items to implement the goals
  • Build a communication plan and identify accountable resources
  • Review the progress

Other conditions

  • Word count: 2,500 words (+/- 10%). Excludes words in charts, templates, references, forms, and diagrams
  • References in APA 7th edition format
  • Checked for AI usage: no AI-generated or AI-paraphrased text allowed