Avoiding digitalization traps: Tools for top managers

Nell, Phillip C. and Foss, Nicolai J. and Klein, Peter G. and Schmitt, Jan (2021) Avoiding digitalization traps: Tools for top managers. Business Horizons, 64 (2). pp. 163-169. ISSN 0007-6813

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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.

Item Type: Article
Keywords: Digitalization; top managers; biases; headquarters; centralization
Divisions: Departments > Welthandel
Departments > Welthandel > International Business
Departments > Welthandel > International Business > Nell
Version of the Document: Accepted for Publication
Depositing User: Gertraud Novotny
Date Deposited: 16 Dec 2020 12:50
Last Modified: 10 Mar 2021 18:03
Related URLs:
FIDES Link: https://bach.wu.ac.at/d/research/results/97882/
URI: https://epub.wu.ac.at/id/eprint/7897

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