A Shift Actions white paper series
Part 3: The digital transformation landscape in the Nordic business environment and a blueprint for digital transformation
The vast majority of organizations worldwide have recognized digital transformation as a strategic agenda that can provide a significant contribution to businesses in the following years to come. Utilizing and integrating new digital technologies offers a great potential of reshaping entire business models and no-one is entirely unaffected by effects of the phenomenon. Therefore, organizations need to shift from contemplating when to transform and instead rapidly start embracing digital transformation, in order to create the competitive advantages it can offer.
Current state of Digital Transformation in the Nordic business environment is a three-part series of white papers based on a research collaboration between Shift Actions and Hanken School of Economics. The findings are based on 19 interviews with senior management members and experts of large Nordic industrial companies. The white papers represent developing work on the topic of digital transformation.
An initial hypothesis was created when embarking on the research for this white paper series: “most digital transformation initiatives are theatrical updates to current business”. The hypothesis has shown to partly be true.
The last installment of the series, “Part 3: The digital transformation landscape in the Nordic business environment and a blueprint for digital transformation” discusses and contemplates the current state of digital transformation in the Nordic region. Furthermore, a high-level blueprint for how to undergo a digital transformation is provided.
To download the white paper, follow the link below.