Digital Strategies for Transforming Your Business

Digital Strategies for Transforming Your Business

Item No. a056g00000URaZLAA1
Course Dates Format Duration Time Commitment Price
Nov 15–17, 2021 Live Online 3 days 5 hours/day $4,100

Tracks

Strategy and Innovation

Certificate Credits

2.0 EEUs

Topics

- Digital Business & IT

- Operations

- Strategy & Innovation

In this period of digital disruption, businesses focused narrowly on value chains are at a disadvantage. Next-generation enterprises need to think more broadly about their business ecosystems, leverage digitization strategy to understand their customers better, and establish options for future success. Drawing on cutting-edge research, this course engages participants in a framework for seizing on all the above.

To thrive in a digitized universe, merely tweaking the management practices that led to past success will not be enough. Businesses of all sizes need to evaluate the strategic implications of digital disruption and create a future-proofed digital business model. Many enterprises will need to completely reinvent their organizations and substantially change their processes.

Despite this urgency, leaders often lack a common language to assess the degree of threat that digital disruption poses to their business and—more importantly—the language to create a compelling vision for their enterprise’s success.

Drawing on cutting-edge research conducted at MIT Sloan’s Center for Information Systems Research (CISR), this course provides a powerful framework for transforming businesses on two dimensions: knowing customers better and optimizing business design.

Through hands-on assessments, exercises, lectures, case studies of high-performing companies, and lively discussions, you will endeavor to answer key questions that will ultimately inform your organization’s transformation strategy including:

  1. Which business model is best for your enterprise’s future?
  2. What is your digital competitive advantage?
  3. How will you innovate to reinvigorate and renew your digital business model?
  4. Do you have the crucial capabilities to reinvent the enterprise?
  5. Do you have the metrics, governance and leadership to make the transformation happen?

This course was previously named, Revitalizing Your Digital Business Strategy.

Learn more about the live online experience

This course will provide you with the tools to think about and communicate your business strategy internally, make decisions about what to focus on next, and critically consider developing important capabilities. At the end of the three days, you will leave with a better understanding of:

  • Where your enterprise is right now and how well (or poorly) you are positioned for transformation
  • What your business is really good at
  • What your customers want
  • What level of threat you face from digital disruption
  • How your business needs to change to mitigate threats and seize opportunities
  • How to begin to create a compelling vision for your enterprise’s success

This course will also equip you with an understanding of:

  • Four proven business models and three key sources of advantage for the digital era
  • The difference between “industries” and “ecosystems” and the importance of the latter
  • What business capabilities your organization needs to strengthen
  • The role of management and the board in business strategy transformation—and what guardrails leadership requires to keep this transformation on track
  • The importance of partnerships in creating integrated solutions that solve customer problems (and make your business a destination)
  • How to measure the success of your business model

Sample Schedule—Subject to Change

This course is designed for senior executives and managers at division or corporate levels, including:

  • CEOs
  • Presidents
  • VPs and EVPs
  • CIOs and IT Leaders
  • COOs
  • Corporate Planners, Strategists, and Strategic Planners
  • VPs of Operations
  • Senior Marketing Executives
  • Senior Business Development Executives
  • Senior Project Managers
  • Product Development Managers
  • Innovation Officers

We encourage you to join with colleagues or a team from your organization as this will allow you to work together on your digital business plan over the three days. There are also team discounts available for 3 or more. 

Course Dates Format Duration Time Commitment Price
Nov 15–17, 2021 Live Online 3 days 5 hours/day $4,100

Tracks

Strategy and Innovation

Certificate Credits

2.0 EEUs

Topics

- Digital Business & IT

- Operations

- Strategy & Innovation

Enroll Now!

$3,900 - $4,100