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Aaron Chatterji

    Strategy in the Digital Age
    The Decarbonization Imperative
    • Time is of the essence as climate change threatens to reshape our economy and society for generations. To avoid its worst effects, we must decarbonize the global economy by 2050. This requires a complete transition to battery-powered electric vehicles and non-carbon-emitting power sources for our electricity needs. It involves electrifying the industrial sector and replacing carbon-intensive processes in key industries like steel, cement, and petrochemicals, while also ensuring sustainable farming to feed a growing population. In response to this existential threat, the authors propose a radical reconfiguration of the most harmful industries. They highlight the importance of disruptive innovation and a careful calibration of industry dynamics to facilitate this change. The analysis covers specific sectors, including agriculture, industrials, energy, and transportation, exploring the challenges and obstacles to implementing a paradigm shift in each. The authors question how much transformation can be achieved within existing business practices and products. They emphasize the critical role of markets in driving change, which operate within a broader framework of institutional rules and norms. The conclusion includes an examination of policy interventions and strategies necessary to advance clean technology and achieve decarbonization by 2050.

      The Decarbonization Imperative
    • Digital transformation is an ongoing process of the marketplace and one that requires continual strategic planning, reflection, and action. Organizations must constantly reconsider their digital transformation strategies in order to leverage new technologies and access to new data sets, as new competitors continue to emerge. In this environment, successful managers will constantly ask: how are you going to competitively position your organization in a digitally transforming marketplace? How will you create value for your business in new ways, including changing your value proposition by leveraging data and adopting new business models available in a digital world? How will you capture value in a world where the basis for competitive advantage is shifting, especially when marked by platforms and network externalities? And what capabilities do you need to secure this, and how will you develop them? Timely in its analysis, the book covers major topics such as big tech, data analytics, artificial intelligence, blockchain, cryptocurrency, autonomy, cybersecurity, data privacy, and antitrust. Michael Lenox delivers an insightful volume that offers a foundational understanding of this dynamic environment, and an action plan for those seeking a path to digital strategy implementation for their organization.

      Strategy in the Digital Age