Digital transformation is a relatively new space for many organizations.  Evans emphasis that the concept of mastering digital business and digital transformation as being in its infancy but sees it as being here to stay.  According to the Wiley text, vast career opportunities in fields involving information systems are in demand and they are expected to continue over the next 10 years.  As stated in the course text, information technology can significantly impact a number of business.  IT can reduce cost and therefore lead to more revenue.  The article I chose was in line with what I read in the course text.  The article expanded on what practices business should adapt to master digital business.

            This article builds my knowledge to be more creative and to stay competitive.  The material in this course shows us the importance of technology.  IT is constantly changing and evolving.  Additionally, it is essential to our lives; IT helps benefit us to work smarter, to be more efficient, and increases business productivity.  As discussed in the book it is paramount for companies and businesses to maintain a competitive advantage.  Consequently, some people want to stay with the old and not embrace the new.  Nonetheless, it is imperative to stay current by gaining computer and IT knowledge to help build your brand and to promote business growth.  Lastly, Blockbuster unfortunately did not adhere to these changes in a timely manner, they hurt their business and brand.  

 

 

This perspective somewhat departs from the review of disruptors in the Wiley text–mostly a catalog of examples intended to illustrate the central role of MIT in the world of commerce. It also implicitly departs from Freedman’s flat theory in Vermeulen’s argument that disruption impacts social, cultural and economic sectors unevenly (Freedman has been criticized for his wild generalizations). But Vermeulen’s argument that MOOCs have not truly disrupted higher education may be wishful thinking; the user experience of MOOCs is much more integrated than cobbled-together WCC (or other college) online courses. People are now expecting and will increasingly expect their online learning experience to be as fluid as Walmart checkout—or as a MOOC. Perhaps a more nuanced understanding of disruption understands it as (to combine ideas of Malcolm Gladwell and Cass Sunstein) a tipping-point nudge. 

If there was anything I knew before reading this article, it is that many people don’t do well with change which includes businesses. The article I read states, “driving digital transformation does not imply replacing old business assets and capabilities. But, like any significant building addition, doing it well requires modifying the existing structure.” That statement was spot on. This article taught me that change isn’t always a terrible thing. If anything, it’s not necessarily change. It’s improvement. The business world is constantly changing and it is important to take advantages of all the tools that are available to us.  

Abbie Lundberg of the Harvard Business Review explains in some detail how companies can either struggle, or thrive.  To begin with, a strong “digital leader” is important, but you also need plan, or a strategy.  Whether a company is digital or not, the CIO or other leadership, plays an extremely important role to help with the transformation by being proactive, inventive, and assertive.

Microsoft underwent their own digital transformation over the last few years, by changing the company culture, and becoming more customer focused.  The work they have done with their digital culture is the cause for their success.  Microsoft, having undergone this change, is now helping other companies with their digital changes too.  Many of these companies realize that they, too, need to be customer focused.  The mix of technologies are rapidly changing, and with these changes, companies need to change too, if they haven’t already, if they plan to succeed.
http://www.cio.com/article/3193746/it-industry/digital-disruption-is-coming-but-most-businesses-dont-have-a-plan.html

 Digital market insight is useful to see and understand the market around you. Along with how you can be different from other businesses allowing you to be successful. You will also need a team of intelligent and talented leaders to help put your ideas in motions, and to help choreograph different departments to achieve your business goals. Lastly, is the pillar of technological platforms.  This is the pillar that will allow you to fulfill your goals and objectives of your business, as well as help you create new digital business ideas by bringing them to life. 

This article made me realize just how much of an impact technology has on any type of business. We use technology so much that I think we may sometimes forget how often we use it. Knowing that technology can help invasion your business goals, and objects, makes this course that much more useful outside of the classroom. 

I picked an article called “Digital Business is everyone’s business” by Forbes.com because first and foremost Forbes has a ton of information regarding the current state of business and future business and also because the article had some valid points regarding why business is important to everyone. If you take a look at the article I have chosen, you will see that by 2020 nearly all businesses will be digital. I am sure most of you know that the world has become increasingly technological over the last decade and it isn’t going to stop, it is just going to become bigger and more involved in business. 

What we have learned so far is just a touch of what is included in digital business and I am sure the rest of the book will shine an even bigger light on what is important to know for the business world. Departmental information systems for example are a collection of applications in a single department. That means there are multiple departments in a company, leading to hundreds of applications. The article I picked shows that in the next 3-5 years anyone in the business world needs to be highly educated on the digital part of business to keep a job in the industry, or even get considered for a job. The digital world is not going to stop growing and neither should we. 

His conclusion to the article is that “digital is changing the nature of competitive advantage in many businesses. However, the change will not be uniform across all industries.”

This article builds on my knowledge obtained so far in this course by helping to give me an understanding of how exactly the business world is currently reacting/conforming to the digital world. Also that an extremely important aspect of interacting with or operating a business is being prepared for the different directions in which digital advancements may take your business.

Personally, as someone going into healthcare, I found this article to be informative and the information to be interesting. I hadn’t thought much about and technology but I can see how various digital platforms could provide better care and a more streamlined experience for patients. 

 This article built upon what we have been learning in class and gave a real-life example of how we can benefit from embracing technology. Like noted in the book, I can see where these changes in healthcare will not necessarily mean less jobs but rather a shift in the type of jobs that are needed. I can also see how the digitization of healthcare will make healthcare more accessible, especially to people with various disabilities, which is something that our book touched on as well. 

 

 

What we could learn from that article and example in particular is the need of planning to the future, because digital disruption is an unstoppable force. In addition, it is a good example of understanding the point of competitive advantages and wisely select a better strategy for a better leadership position in the market. 

This article illustrates how disruptive the increased financial power of digital business can be. I am happy more historically poorly paid restaurant staff will be able to earn a living wage, and am curious to see how restaurants adapt. Disruption causes everyone to do business smarter, even businesses whose product or service is not digital.

https://www.nytimes.com/2016/09/19/technology/how-tech-companies-disrupted-silicon-valleys-restaurant-scene.html?_r=0

Tan started his article by addressing the growth of disruptive businesses. He mentioned Grab/ Uber or AirBnB as the most successful disruption of existing businesses in transportation and accommodation experiences. Through those examples, he recommended that small and medium businesses should take the opportunities that the disruption offers when they still can. However, those businesses should be mindful about some legal issues, and consider about some suggestions that Tan included in his article how to deal with those legal issues before embarking on a disruptive business model. Those legal issues include: dealing with regulations, data protection, intellectual property, and social media. 

The article is related to our lecture since we are studying about the technology system, and chapter one covered that being an informed-user of information systems is important in today’s world. Through this article, I knew how some businesses may use my personal information and if they are violating the information protecting rules or not. 

The article talked about with the Affordable Care Act, more people are insured then there used to be. The average age of the newly insured is 32. These are tech savvy consumers that want the convenience of technology to make health care easier. They want symptom checkers, schedule on-line appointments, they want virtual visits. Health care providers are responding to the needs of these new consumers and making electronic medical records available to them along with messaging the Dr. via a patient portal.

In order for healthcare providers to gain the competitive edge they are going to have to do more to improve the patient experience.  The research shows that offering superior patient experience healthcare systems can achieve 50 percent higher margins. Not only are they going to have to give them what they want now but need to think ahead to come up new technology that will keep them ahead of the competition, just like any other business.

 https://www.accenture.com/us-en/insight-outlook-pushing-health-cares-boundaries#block-outlook-accentures-journal-of-high-performance-business

I appreciate you pointing out misconceptions about digital disruption that create fear. I too wonder, how will I be affected by the digital shift in our economy? Having accurate information helps me to embrace digital changes in the working world.