DIGT09002 2023 Digital Business Strategy
Digital Business is rapidly evolving and today, they are a central resource in the pursuit of business objectives and strategies. As a result, the role of Digital Business Strategy needs to be re-evaluated to develop an understanding of how both Digital Business Strategy, Digital Transformation Strategy and the future Digital Strategy to help todays organisation to obtain and sustain competitive advantage in the global marketplace.
This module evaluates and discusses components of a comprehensive Digital Business strategy and investigates its impact on different industry sectors.
Learning Outcomes
On completion of this module the learner will/should be able to;
Understand the critical role of strategically aligning the business and digital strategy
Engage with and critically evaluate the importance of Digital Transformation and how this differs from IT enabled transformation
Scrutinise the importance of top management support in ICT-enabled transformation and discuss its role in a successful digital transformation.
Identify and explore existing and emerging technologies capabilities, including big data analytics, AI (Artificial Intelligence) robotics and social e-commerce and analyse their role in the future digital organisation.
Critically assess and apply fundamental theories and frameworks in strategy to real life competitive scenarios.
Evaluate the success or otherwise of a digital business strategy within organisations.
Teaching and Learning Strategies
Pre-recorded and live online learning will occur weekly.
A variety of teaching and learning techniques will be incorporated, including case studies, problem-based learning, guest lecturing, flipped classrooms, and peer learning. Case studies are used throughout the module to present the strengths and weaknesses of digital business strategies, with students exploring why that may have occured.
Students will be required to actively engage in significant self-directed study and independent learning, which will provide participants with additional opportunities to integrate and reflect upon professional and /or college-based experiences and will underpin formal teaching and assessment.
Module Assessment Strategies
An important element of the assessment is the student’s ability to apply their learning in practice and reflect critically on its implications by adopting an action-based strategic approach.
Assessment
1) Students will develop a comprehensive Digital Business Strategy document for a case organisation they are familiar with.75%
2. Students will engage weekly with their community of practice in a student blog. They will review and comment on the reading and share new and evidence-informed information relevant to the topic discussed. 25%
Repeat Assessments
Repeat assessments requirements will be based on failed components and be recorded at the Progression and Award Boards.
Indicative Syllabus
LO1) Understand the critical role of strategically aligning the business and digital strategy. The student will develop their ability to understand the importance of IT-enabled transformation and develop an understanding of the importance of strategically aligning the organisation's strategies to prepare for future readiness. Students will also reflect on the importance of social strategic alignment and building guiding coalitions to prepare the organisation for future readiness. Students will further reflect the need for organisations to incorporate sustainability considerations into digital strategies.
LO2). Engage with and critically evaluate the importance of Digital Transformation and how this differs from IT-enabled transformation. Students will evaluate the strategic importance of ICT-enabled business transformation and how this differs from Digital Transformations. They will develop insights into key contemporary issues associated with competing in a global economy on a digital stage and explore the implications of evolving technology on digitally native organisations versus traditional organisations. Students will consider how this can be considered and incorporated within the strategic planning process of organisations.
LO3) ) Scrutinise the importance of top management support in ICT-enabled transformation and discuss its role in a successful digital transformation. Top management support has been identified as a critical success factor in IT-enabled transformation. Students will consider will the same rules apply to a Digital Transformation. Students will also investigate how top management can support this digital transformation and the role that top management play.
LO4) Identify and explore existing and emerging technologies capabilities, including big data analytics, AI (Artificial Intelligence), robotics and social e-commerce, and analyse their role in the future digital organisation. Students will explore new digital capabilities. Students will critically reflect on the potential of these digital technologies for organisations of the future, in attaining/maintaining and organisations sustainable competitive advantage while aligning with an organisation’s sustainability values. . Students are expected to work together to problem solve and identify how these will be applied in practice reflecting on their potential as part of this learning experience.
LO5) Critically assess and apply fundamental theories and frameworks in strategy to real-life competitive scenarios. Students will be required to assess strategy development and/or implementation and evaluate how strategic theories are utilised in strategy formulation, choice and implementation. The students will critique the role that digital capacity and capability might have in organisational strategic planning and success.
LO6) Evaluate the success, or otherwise, of a digital business strategy within organisations. Students will explore what makes a digital business strategy successful or unsuccessful, with a specific focus on what challenges organisations may experience and why that might be the case. Students will explore how strategy development and implementation often require a change in organisational systems, processes, structure, and culture. In addition, the student will evaluate how to develop a digital business strategy and how this differs from a digital transformation strategy and business strategy.
Coursework & Assessment Breakdown
Coursework Assessment
Title | Type | Form | Percent | Week | Learning Outcomes Assessed | |
---|---|---|---|---|---|---|
1 | Student Blog | Coursework Assessment | Assessment | 30 % | Week 8 | 1,2,3,4 |
2 | Develop a Comprehensive Digital Business Strategy | Coursework Assessment | Written Report/Essay | 70 % | Week 14 | 2,3,4,5,6 |
Online Learning Mode Workload
Type | Location | Description | Hours | Frequency | Avg Workload |
---|---|---|---|---|---|
Lecture | Online | Live Lecture | 1 | Weekly | 1.00 |
Lecture | Online | Pre-recorded lecture | 1 | Weekly | 1.00 |
Independent Learning | Not Specified | Independent Learning | 6 | Weekly | 6.00 |
Required & Recommended Book List
2017-06-27 Machine, Platform, Crowd: Harnessing Our Digital Future Brilliance Audio
ISBN 1543615791 ISBN-13 9781543615791
2014-02-18 The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies W. W. Norton & Company
ISBN 0393239357 ISBN-13 9780393239355
Title: The Second Machine Age( Work Progress and Prosperity in a Time of Brilliant Technologies) <>Binding: Hardcover <>Author: ErikBrynjolfsson <>Publisher: W.W.Norton&Company
1992-10-01 Process Innovation: Reengineering Work Through Information Technology Harvard Business Review Press
ISBN 0875843662 ISBN-13 9780875843667
Process Innovation: Reengineering Work Through Information Technology
2018-09-21 The AI Advantage: How to Put the Artificial Intelligence Revolution to Work (Management on the Cutting Edge) The MIT Press
Cutting through the hype, a practical guide to using artificial intelligence for business benefits and competitive advantage.
In The AI Advantage, Thomas Davenport offers a guide to using artificial intelligence in business. He describes what technologies are available and how companies can use them for business benefits and competitive advantage. He cuts through the hype of the AI crazeremember when it seemed plausible that IBM's Watson could cure cancer?to explain how businesses can put artificial intelligence to work now, in the real world. His key recommendation: don't go for the moonshot (curing cancer, or synthesizing all investment knowledge); look for the low-hanging fruit to make your company more efficient.
Davenport explains that the business value AI offers is solid rather than sexy or splashy. AI will improve products and processes and make decisions better informedimportant but largely invisible tasks. AI technologies won't replace human workers but augment their capabilities, with smart machines to work alongside smart people. AI can automate structured and repetitive work; provide extensive analysis of data through machine learning (analytics on steroids), and engage with customers and employees via chatbots and intelligent agents. Companies should experiment with these technologies and develop their own expertise.
Davenport describes the major AI technologies and explains how they are being used, reports on the AI work done by large commercial enterprises like Amazon and Google, and outlines strategies and steps to becoming a cognitive corporation. This book provides an invaluable guide to the real-world future of business AI.
A book in the Management on the Cutting Edge series, published in cooperation with MIT Sloan Management Review.
2022-09 Navigating Digital Transformation in Management Routledge
ISBN 1003254616 ISBN-13 9781003254614
"Navigating Digital Transformation in Management provides a thorough introduction to the implications of digital transformation for leaders and managers. The book clearly outlines what new or enhanced roles and activities digital transformation requires of them. The book takes a practical approach and shapes an actionable guide that students can take with them into their future careers as managers themselves. With core theoretical grounding, the book explains how the digital transformation imperative requires all organizations to continuously undertake digital business transformation to adapt to ongoing digital disruption and to effectively compete as digital businesses. The book discusses the critical roles managers need to play in establishing, facilitating and accelerating the day-to-day activities required to build and continuously upgrade these capabilities. Drawing on cutting edge research, this textbook: Explains how digital technology advancements drive digital disruption and why digital business transformation and operating as a digital business are critical to organization survival. Unpacks the different digital business capabilities required to effectively compete as a digital business. Considers the new or digitally enhanced competencies required of leaders, managers, and their supporting professionals to effectively play their roles in digital transformation. Discusses how leaders, managers, and their supporting professionals can keep up with digital technology advancements. Unpacks key digital technology advancements, providing a plain language understanding of what they are, how they work, and their implications for organizations. Enriched with pedagogical features to support understanding and reinforce learning, such as reflective questions, learning summaries and case studies and supported by a suite of instructor materials, this textbook is an ideal choice for teachers that want to enable their information systems, information technology and digital business students to compete and thrive in the contemporary business environment"--
2021-11-22 Contemporary Strategy Analysis John Wiley & Sons
ISBN 9781119815235 ISBN-13 1119815231
The updated new edition of the market-leading strategic analysis textbook, addressing the emerging challenges that businesses face in an increasingly complex and dynamic environment In Contemporary Strategy Analysis, expert strategist and lecturer Robert M. Grant equips management students and working professionals with the concepts, frameworks, and techniques needed to make better strategic decisions. Designed to be accessible to readers from different backgrounds and with varying levels of experience, this classic textbook combines a rigorous approach to business strategy with real-world examples of current practice and highly relevant case studies personally written by the author. Contemporary Strategy Analysis focuses on the essential tasks of strategy, showing readers how to use the tools of strategy analysis to identify, analyze, and exploit the sources of superior business performance to secure competitive advantage. The eleventh edition examines the role of strategy in a world reshaped by the Covid-19 pandemic and discusses a wide range of trending topics such as the corporate social responsibility movement and environmental, social, and governance innovation presented alongside fully integrated business models and up-to-date examples of business model innovation. Perfect for undergraduate and MBA students of business, Contemporary Strategy Analysis has also proven influential with consultants, executives, and others engaged in the strategic direction of a modern enterprise.
2016-12-22 Exploring Strategy Text and Cases
ISBN 1292145129 ISBN-13 9781292145129
With over one million copies sold worldwide, Exploring Strategy has long been the essential strategy text for managers of today and tomorrow. From entrepreneurial start-ups to multinationals, charities to government agencies, this book raises the big questions about organisations- how they grow, how they innovate and how they change. Texts and Cases also provides a wealth of extra case studies written by experts in the subject to aid and enrich your understanding. Examples are taken from events and organisations as diverse as Glastonbury, Mondelez and Formula 1 racing.
Module Resources
Information Systems Research
MIS Quarterly
Journal of Management Information Systems
Journal of the Association of Information Systems
European Journal of Business and Management Research