Avoiding Digitalization Traps: Tools for Top Managers

Phillip C. Nell, Nicolai J. Foss, Peter G. Klein, Jan Schmitt

Research output: Contribution to journalJournal articleResearchpeer-review

Abstract

Digital transformation is fundamentally changing the business landscape. It is also affecting the roles of top managers within firms. Our survey of more than 160 senior managers in Europe suggests that digitalization, rather than encouraging more decentralized forms of management, will lead to an expanded role for headquarters and further empowerment of top managers. While acknowledging the benefits of the digital transformation, in this Executive Digest we identify five key challenges for newly empowered top managers and offer solutions for these digitalization traps.
Original languageEnglish
JournalBusiness Horizons
Number of pages7
ISSN0007-6813
DOIs
Publication statusPublished - 15 Dec 2020

Bibliographical note

Epub ahead of print. Published online: 15. December 2020

Keywords

  • Digitalization
  • Digitalization traps
  • Top management relationships
  • Data biases
  • Headquarters
  • Centralization

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