Year: 2024
Type: conference-paper
Abstract: This paper explores the transformative potential of digital ecosystems through the lens of Peter Drucker's management philosophy. By examining case studies of Audi, M-PESA, and Apple CarPlay, it identifies several key success factors such as a clear vision, customer-centricity, effective leadership, robust technology, a supportive culture, strategic partnerships, and data-driven insights. These elements are crucial for driving innovation and maintaining a competitive edge. The study integrates Drucker's principles with contemporary strategies, emphasizing innovation, customer focus, leadership, and the role of knowledge workers. It offers valuable insights for organizations aiming to thrive in the digital age and outlines a comprehensive business model to navigate digital transformation successfully.
Authors: Zhaoxia Yi, Yubo Fu
Language: English
Subfield: Management of Technology and Innovation
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4402711019