Towards a Catalogue of Strategy Elements for Specifying a Digital Platform Business Strategy

Autor: Berkers, Frank, Türetken, Oktay, Ozkan, Baris, Grefen, Paul W.P.J., Camarinha-Matos, Luis M., Ortiz, Angel, Boucher, Xavier, Osório, A. Luís
Přispěvatelé: Information Systems IE&IS, Industrial Engineering and Innovation Sciences
Jazyk: angličtina
Rok vydání: 2022
Předmět:
Zdroj: Collaborative Networks in Digitalization and Society 5.0.: Proceedings 23rd IFIP WG 5.5 Working Conference on Virtual Enterprises, PRO-VE 2022, Lisbon, Portugal, September 19–21, 2022, 579-591
STARTPAGE=579;ENDPAGE=591;TITLE=Collaborative Networks in Digitalization and Society 5.0.
Collaborative Networks in Digitalization and Society 5.0 ISBN: 9783031148439
Popis: Digital platforms have become essential in modern society. However, despite their appeal and potential, digital platforms have proven to fail often due to diverse strategic reasons including pricing, timing, competition, trust, openness, critical mass, and network effects. Despite the reported risk of failures, there is a lack of guidelines that support organizations in defining business strategies for digital platforms. In this paper, we address part of this problem. In the study we identify strategic considerations from digital business strategy, platform and multi-sided business strategy literature, and the Balanced Scorecard, and integrate them into a catalogue of nineteen strategy elements. This supports the specification of a coherent set of strategic objectives for a digital platform business strategy. A digital platform business strategy transforms an organization into a collaborative networked organization as four out of five strategy perspectives clearly reflect the need and of interaction with the ecosystem of the organization.
Databáze: OpenAIRE