Digital transformation of industrial businesses: A dynamic capability approach

dc.cclicenceCC-BY-NC-NDen
dc.contributor.authorGhosh, Swapan
dc.contributor.authorHughes, Mathew
dc.contributor.authorHodgkinson, Ian R.
dc.contributor.authorHughes, Paul
dc.date.acceptance2021-11-03
dc.date.accessioned2021-11-08T15:14:33Z
dc.date.available2021-11-08T15:14:33Z
dc.date.issued2021-11-03
dc.descriptionThe file attached to this record is the author's final peer reviewed version. The Publisher's final version can be found by following the DOI link.en
dc.description.abstractIndustrial firms are under severe pressure to undertake digital transformation and leverage the Industrial Internet of Things (IIoT) and emerging technologies for the integration of industrial machines to share information on a real-time or near real-time basis. Though in recent years researchers have focused their attention on digital transformation, there is limited scholarly guidance for developing capabilities for such transformation. Drawing on dynamic capability theory and exploratory qualitative interviews with senior ‘elite’ executives from five of the world’s largest multinational firms, the study outlines a new conceptual framework for digital transformative capability development. The integrative framework demonstrates how the three core capabilities of digital sensing, digital seizing, and digital reconfiguring manifest through associated capabilities of Strategic Sensing, Rapid Prototyping, Organization Structure, Business Model Transformation, and Cultural/Mindset Transformation. Internal and external contingencies are proposed as moderators of the relationship between IIoT and emerging technologies, and digital transformative capability development. Collectively, the article makes the case for Digital Transformation Capability and sheds new light on the digital transformation process. Implications for theory and practice are highlighted, and limitations are discussed.en
dc.funderNo external funderen
dc.identifier.citationGhosh, S., Hughes, M., Hodgkinson, I.R. and Hughes, P. (2021) Digital transformation of industrial businesses: A dynamic capability approach. Technovation,en
dc.identifier.doihttps://doi.org/10.1016/j.technovation.2021.102414
dc.identifier.urihttps://dora.dmu.ac.uk/handle/2086/21423
dc.peerreviewedYesen
dc.publisherElsevieren
dc.researchinstituteCentre for Enterprise and Innovation (CEI)en
dc.subjectDigital transformationen
dc.subjectDynamic capabilityen
dc.subjectIIoTen
dc.subjectEmerging technologiesen
dc.titleDigital transformation of industrial businesses: A dynamic capability approachen
dc.typeArticleen

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